Home » T-Mobile to Shell Out $350 Million to Customers in Wake of Massive Data Breach

T-Mobile to Shell Out $350 Million to Customers in Wake of Massive Data Breach

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T-Mobile has announced its plan to compensate customers who were affected by a substantial data breach. The company is set to distribute $350 million to its customers.

What Happened: In 2021, T-Mobile suffered a significant data breach that impacted approximately 76 million people. The breach exposed sensitive data such as names, Social Security numbers, and birth dates. The breach was executed by John Binns, an American hacker based in Turkey, who exploited a misconfigured internet-exposed router to infiltrate T-Mobile’s internal network.

According to an update on …

Full story available on Benzinga.com

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