T-Mobile agrees to settle $500M over massive 2021 hack

The massive 2021 hack involving T-Mobile’s customers finally comes to an end. Today, the Un-carrier has agreed to settle the class-action lawsuit from the hack by paying $500 million. The proposed agreement filling entails T-Mobile will be paying $350 million as settlement fund for lawyers, fees, and to the people who filed claims. The remaining $150 million will be spent to improve its “data security and related technology” for 2022 and 2023. The 2021 hack exposed the … [read full article]