![]() ![]() Or maybe the sound is T-Mobile US execs laughing this one off: since 2018 the carrier's share price has soared from $65 to $145, subscriber numbers have grown from 77 million to 110 million, and revenue is on track to nearly double to around $80 billion. Lawsuits against T-Mobile started streaming in after the telecom giant announced on Augthat it had been the victim of a data breach during which an unauthorized individual gained access to the personal information of roughly 76 million people, including T-Mobile customers and consumers who had applied for. That sound you hear? Lawyers everywhere preparing class-action documentation. In July, T-Mobile agreed to pay 350 million to settle a class action lawsuit after the company disclosed in August 2021 that personal data including Social Security numbers and driver's. It also admits: "We may incur significant expenses in connection with this incident." "While we, like any other company, are unfortunately not immune to this type of criminal activity, we plan to continue to make substantial, multi-year investments in strengthening our cybersecurity program," the paperwork states. In its statement, the carrier seemingly surrenders to the inevitability of more successful attacks. LockBit: Sorry about the SickKids ransomware, not sorry about the rest.Health insurer Aflac blames US partner for leak of Japanese cancer policy info.Royal Mail, cops probe 'cyber incident' that's knackered international mail.This included database information such as social security numbers, driver's identification. The T-Mobile data breach had reportedly led to the theft of nearly 77 million consumers' personally identifiable information. As if Elon didn't have enough problems – Twitter sued over leaky servers T-Mobile Data Breach 2021 T-Mobile had originally reported a cybersecurity incident that was announced on August 16, 2021.While the SEC filing states the cellular giant feels it has "made substantial progress to date," news of the new incident suggests the program may not be achieving its goals. Which is why T-Mob in 2021 "commenced a substantial multi-year investment working with leading external cybersecurity experts to enhance our cybersecurity capabilities and transform our approach to cybersecurity." November 2022 - Contributes to $16m settlement of 20 breaches at Experian that entangled T-Mobile customers.July 2022 – T-Mobile USA announces $550 million settlement of the 2021 breach.2021 – 48 million postpaid customers' records posted to the dark web.December 2020 – A mere 200,000 customer records describing network information leaked.March 2020 – Employee email accounts compromised, and customer details accessed.2019 – Over a million customer records accessed, some personal data exposed.2018 – Two million records accessed, including hashed passwords.Here's a summary of T-Mobile US's troubles: The company says it continues to investigate the breach but believes it is "fully contained." It also noted T-Mobile's systems and network do not appear to have been hacked.But that program was made necessary by the carrier's flimsy security, which has seen it repeatedly suffer data breaches. T-Mobile was able to discover the source of the breach and stop it a day after the hack was discovered. It noted that it could be on the hook for "significant expenses" because of the hack, although the company said it doesn't expect the charges will have a material effect on T-Mobile's bottom line.Īfter T-Mobile learned about the data breach, the company said it hired an external cybersecurity team to investigate. The wireless carrier didn't indicate what it might do to remedy the situation. Federal Communications Commission (FCC) said late Wednesday it will investigate a data breach disclosed by T-Mobile US Inc (TMUS.O) impacting more. ![]() The company is almost done with its investigation, and the breach is contained, Sievert. T-Mobile said it is working with law enforcement and has begun to notify customers whose information may have been breached. T-Mobile CEO Mike Sievert apologized Friday for a data breach that affected over 53 million people. Nevertheless, that information can be compiled with other stolen or publicly available information and used by scammers to steal people's identities or money. The company says it continues to investigate the breach but believes it is. T-Mobile said no social security numbers, credit card information, government ID numbers, passwords, PINs, or financial information were exposed in the hack. T-Mobile (TMUS) was able to discover the source of the breach and stop it a day after the hack was discovered. In a regulatory filing Thursday, the company said the hacker stole customer data that included names, billing addresses, emails, phone numbers, dates of birth, T-Mobile account numbers, and information describing the kind of service they have with the wireless carrier. MIAMI - T-Mobile said a "bad actor" accessed personal data from 37 million current customers in a November data breach. ![]()
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