T-Mobile Reaches $31.5M Settlement with FCC Over Data Breaches
The settlement includes a $15.75 million fine and an equal investment in cybersecurity enhancements after breaches exposed sensitive data of millions.
- The Federal Communications Commission (FCC) investigated T-Mobile for data breaches occurring in 2021, 2022, and 2023.
- Breaches exposed personal information, including Social Security numbers, addresses, and dates of birth, affecting over 130 million customers.
- T-Mobile will adopt a zero-trust architecture and multi-factor authentication to improve cybersecurity.
- The company's Chief Information Security Officer will provide regular cybersecurity updates to the board.
- The settlement aims to set a new standard for the mobile telecommunications industry in data protection and cybersecurity.