T-Mobile confirmed reports of a major data breach in which hackers obtained personal information belonging to more than 40 million past, present and potential customers.
When T-Mobile compromised the sensitive personal information of more than 76 million current, former, and prospective customers in 2021, plaintiffs involved in a class action lawsuit complained that the company continued profiting off their data while attempting to cover up “one of the largest and most consequential data breaches in US history.”
Now, T-Mobile has admitted no guilt but has agreed to pay a $500 million settlement (pending a judge’s approval), out of which $350 million will go to the settlement fund and “at least $150 million” will go toward enhancing its data security measures through 2023.
T-Mobile US, Inc. is a provider of mobile communications services, including voice, messaging and data, under its flagship brands, T-Mobile and Metro by T-Mobile, in the United States, Puerto Rico and the United States Virgin Islands. The Company provides mobile communications services primarily using its fourth generation (4G) long term evolution network and its fifth generation (5G) technology network. It also offers a selection of wireless devices, including handsets, tablets and other mobile communication devices, and accessories for sale, as well as financing through equipment installment plans and leasing through JUMP! On Demand. The Company’s primary service plan offers signature Magenta plan, which includes, among other benefits, unlimited talk, text and smartphone data on its network, 5G access at no extra cost. Customers can also choose additional features, such as unlimited premium data with its Ultra Capacity 5G service, for an additional cost on its Magenta Max plan.