US carrier T-Mobile has agreed to pay $ 500 million as part of a class action lawsuit for a data breach in 2021. Customer data from “approximately 76.6 million US residents identified by T -Mobile “were compromised according to filing in court on Friday. A report of Motherboard in August 2021, it identified that customer data involved in the breach included social security numbers, names, addresses, and driver license information of the affected customers.
Of the transaction amount, $ 350 million will be split between clients and attorneys (to pay legal fees and expenses). The amount paid to individual clients will depend on how much money the lawyers are paid and how many clients respond to the class action agreement. Affected customers will be notified shortly by T-Mobile of the agreement.
T-Mobile will have to spend the other $ 150 million on security improvements from now through 2023 to minimize the possibility of another data breach (the company has had five breaches involving customer data in the past four years).
The class action accused T-Mobile of failing to protect its customers’ information, failing to notify those affected and having “inadequate data security”. By resolving the lawsuit, T-Mobile does not admit blame for any of these allegations.
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