T-Mobile Secretly Bought Its Customer Data from Hackers to Stop Leak. It Failed

The document goes on to say that this company “hired a third-party to purchase exclusive access to the database to prevent it being sold to criminals.” An employee of this third-party posed as a potential buyer and used the RaidForums’ administrator’s middleman service to buy a sample of the data for $50,000 in Bitcoin, the document reads. That employee then purchased the entire database for around $150,000, with the caveat that SubVirt would delete their copy of the data, it adds.

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