T-Mobile US to cough up $550m after info stolen on 77m customers

T-Mobile US has agreed to pay about $550 million to end legal action against it and improve its security after crooks infiltrated the self-described Un-carrier last summer and harvested personal data belonging to almost 77 million customers. The cellular network operator agreed to pay $350 million plus legal fees to settle a class-action lawsuit brought by customers whose data was compromised in an August 2021 privacy breach, according to documents filed with the US Securities and Exchange Commission on Friday.  This payout will be divided up among 76.6 million US residents, according to the proposed settlement agreement [PDF], which is subject to approval by a district court judge.  It’s worth noting that the number of customers affected by the security breach is much larger than the wireless giant admitted to last year.

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