US phone giant T-Mobile is about to send $350 million to customers affected by a devastating data breach.

A new update on the T-Mobile Data Breach Settlement website says payments will begin in April.

The 2021 breach affected about 76 million people, exposing sensitive information like names, Social Security numbers and birth dates.

Those who faced out-of-pocket losses could claim up to $25,000, while others may receive $25 – or $100 for Californians – with no additional steps required for eligible class members.

The data breach was executed by John Binns, an American hacker based in Turkey who exploited a misconfigured internet-exposed router to access the company’s internal network.

Over weeks starting in early 2021, he used brute force attacks and specialized tools to breach the company’s servers.

The payments are the result of a class action lawsuit that T-Mobile decided to settle rather than fight in court.

People who used T-mobile in 2021 can reach out to the administrator on the settlement’s website or call 1-833-512-2314.

 

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The post $350,000,000 Payment To T-Mobile Customers Incoming After Massive Hack and Data Breach Settlement appeared first on The Daily Hodl.

US phone giant T-Mobile is about to send $350 million to customers affected by a devastating data breach.

A new update on the T-Mobile Data Breach Settlement website says payments will begin in April.

The 2021 breach affected about 76 million people, exposing sensitive information like names, Social Security numbers and birth dates.

Those who faced out-of-pocket losses could claim up to $25,000, while others may receive $25 – or $100 for Californians – with no additional steps required for eligible class members.

The data breach was executed by John Binns, an American hacker based in Turkey who exploited a misconfigured internet-exposed router to access the company’s internal network.

Over weeks starting in early 2021, he used brute force attacks and specialized tools to breach the company’s servers.

The payments are the result of a class action lawsuit that T-Mobile decided to settle rather than fight in court.

People who used T-mobile in 2021 can reach out to the administrator on the settlement’s website or call 1-833-512-2314.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post $350,000,000 Payment To T-Mobile Customers Incoming After Massive Hack and Data Breach Settlement appeared first on The Daily Hodl.