Tag Archive for: TMobile

$350 Million Settlement of T-Mobile Breach Lawsuits Proposed

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Breach Notification
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Cybercrime
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Fraud Management & Cybercrime

On Top of Settling With Victims, Telecom Carrier Would Invest More in Security

Prajeet Nair (@prajeetspeaks) •
July 23, 2022    

$350 Million Settlement of T-Mobile Breach Lawsuits Proposed

A proposed $350 million settlement to resolve a consolidated class action lawsuit against the U.S. telecom carrier T-Mobile, after a 2021 data breach that affected nearly 77 million people, includes breach victims and related legal costs.

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Under the settlement, T-Mobile is required to invest an additional $150 million to bolster its data security and related technology in 2022 and 2023, according to the settlement described in an SEC filing.

Terms of Settlement

The proposed agreement, which was filed in federal court in Missouri on Friday, would settle a class action lawsuit that consolidated more than 40 lawsuits filed after the data breach was revealed in August 2021 by the U.S. telecom carrier.

It awaits court approval that is “expected as early as December 2022 but could be delayed by appeals or other proceedings,” the filing says.

The telecom carrier says it denies all the allegations made in the complaints filed against them, especially those that describe T-Mobile’s failure to protect customer data, and states that the settlement is not an admission of “liability, wrongdoing or responsibility.”

“T-Mobile denies all material allegations of the Amended Complaint and specifically…

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T-Mobile collaborates with Apple to simplify IT management for small businesses

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T-Mobile is joining forces with Apple to introduce a plan JUST for small businesses that tackles pain points they face keeping their business and employees connected.

Available now, Business Unlimited Ultimate+ for iPhone is the first and only wireless plan that makes IT easy for small businesses, pairing Apple Business Essentials with AppleCare+ for Business Essentials, along with a new iPhone 13 for new lines, 200GB of high-speed hotspot data per month, and more.

To start and grow a business, technology is essential. In fact, studies show nearly 90% of companies require their employees to access an average of five mobile business apps every day. But for that to happen, business owners go through many steps, from purchasing the best devices, onboarding and upgrading those devices, keeping them secure and up to date, and configuring apps and settings for each one. It’s A LOT for a small business to handle, but it doesn’t need to be.

That’s exactly why T-Mobile and Apple have teamed up — to make things simpler for all types of small businesses with one amazing plan: Ultimate+ for iPhone. This new plan is packed with a ton of great benefits for small businesses:

  • Each employee who adds a new line on the plan gets a new iPhone 13 — sleek and durable, with super-fast performance and long battery life.
  • Ultimate+ for iPhone is the ONLY wireless plan that enables customers to get the all-new Apple Business Essentials, which combines device management, 24/7 Apple support, and iCloud backup and storage — into a single, flexible subscription.
  • There’s unlimited talk, text, and premium smartphone data on America’s largest, fastest, and most reliable 5G network.
  • This plan includes a whopping 200GB of high-speed hotspot data per month, so small businesses can keep all their devices connected.
  • Customers get unlimited Wi-Fi on select flights from American, Delta, and Alaska Airlines — with more airlines, including United, launching later this year.
  • Finally, this plan helps keep business customers connected in over 210 countries and destinations across the world with unlimited text and data, including 5GB of free high-speed data per month.

All this for just $50 a month…

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T-Mobile to pay $350 million in settlement over massive hacking

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By Jonathan Stempel and Sara Merken

(Reuters) – T-Mobile US Inc agreed on Friday to pay $350 million and spend an additional $150 million to upgrade data security to settle litigation over a cyberattack last year that compromised information belonging to an estimated 76.6 million people.

The preliminary settlement was filed with the federal court in Kansas City, Missouri.

It requires a judge’s approval, which the second-largest U.S. wireless carrier said could come by December.

T-Mobile denied wrongdoing, specifically, including accusations that it breached its duties to protect customers’ personal information and had inadequate data security.

The Bellevue, Washington-based company expects an approximately $400 million pre-tax charge in this year’s second quarter for the settlement. It said it contemplated the charge and $150 million of spending in prior financial guidance.

T-Mobile disclosed the data breach last August, saying at the time it affected more than 47 million current, former and prospective customers.

The number soon grew past 50 million, and T-Mobile said in November its investigation uncovered an additional 26 million people whose personal information was accessed.

T-Mobile has said the information included names, addresses, birth dates, driver’s license data and Social Security numbers.

Friday’s settlement covered nationwide litigation combining at least 44 proposed class-action lawsuits.

Class members may receive cash payments of $25, or $100 in California, and some could receive up to $25,000 to cover out-of-pocket losses, settlement papers show. They will also receive two years of identity theft protection.

John Binns, a 21-year-old American who had moved to Turkey a few years earlier, took responsibility for the hacking, saying he pierced T-Mobile defenses after finding an unprotected router on the internet, The Wall Street Journal said last August.

The plaintiffs’ lawyers may seek fees of up to 30%, or $105 million, from the settlement, the settlement papers show.

(Reporting by Jonathan Stempel and Sara Merken in New York; Editing by Aurora Ellis)

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Moto G Stylus 5G: Specs and Unboxing | T-Mobile

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