In another breach settlement, global telecom company T-Mobile has agreed to pay $350 million to settle a lawsuit resulting from a 2021 cyberattack that potentially exposed the data of nearly 80 million customers. CNET notes that If approved, the settlement will be the second largest of its kind in the US, beaten only by Equifax’s 2019 breach settlement for $700 million. The T-Mobile breach was the result of a cyberattack, although it’s unclear exactly how many individuals were compromised.
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