T-Mobile Will Pay $500 Million

Today, among the fearful dreams of almost every company, the company collects leaking data is located. Experienced a similar situation in August of last year. T–mobilecame to the fore with a hack event in which information belonging to many users was stolen.

In the attack on T-Mobile, millions of subscribers’ information was stolen and tried to be sold on hacker forums. After this major security flaw, a class action lawsuit was filed against T-Mobile. In order not to prolong this litigation process, the company way to deal going.

$500 million deal

In the incident that took place in August 2021 T-Mobile’s According to the statement, the information of 47.8 million subscribers and according to some sources about 100 million subscribers was stolen. It was claimed that most of this data belonged to those who applied from previous years or applied through intermediaries.

According to the agreement with the court, the data is stolen. 76.6 million The American was impressed. T-Mobile, which is accused of failing to adequately protect its customers’ data and having inappropriate data security practices, has settled on a deal, although it denied these allegations. Still, the firm said that this deal should not be perceived as an admission of guilt.

According to the agreement made, the $ 500 million fee to be paid by T-Mobile 350 million $ will be transferred to a fund to be used to cover the damages of the people damaged by the data breach. In addition, attorney fees will be covered here. The rest of the money will be made by the company this year. in addition to security expenses will be used for new security measures. On the other hand, although such an offer has come from the district attorney, it will not be enough for T-Mobile to accept it, and the judge will be expected to approve the offer.