Friday, June 9, 2023

Telecoms: T-Mobile seeks US$500 million settlement after US hack attack

Telecoms: t-mobile seeks us$500 million settlement after us hack attack
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A hacker attack stole customer data from 76.6 million US residents. Now T-Mobile US wants to increase its cyber security.

(Photo: Associated Press)

bellevue US telecommunications subsidiary T-Mobile is seeking to settle user complaints after a major hacker attack with a payment of half a billion dollars. According to the agreement published over the weekend, $350 million (343 million euros) is to flow into a fund to prosecute US customers. Another $150 million is to be spent this year to improve cyber security.

According to court documents, 76.6 million US residents were identified as victims of last year’s online attack. The stolen user data included names and telephone numbers.

As always in such cases, the agreement explicitly states that this does not constitute an admission of guilt by T-Mobile US. Following the cyber attack, T-Mobile US was accused of inadequate protection of user data in class action lawsuits. Several dozen lawsuits were bundled up in Missouri.

The deal still has to be approved by a Missouri judge. According to the company, this could happen in December — but appeals processes could still be delayed, it said.

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Nation World News Desk
Nation World News Desk
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