Mobile giant AT&T is preparing to pay millions of dollars to current and former customers to settle a class action lawsuit over a pair of massive data breaches.
A judge has granted preliminary approval for a settlement that will hand $177 million to people affected by the breaches.
[adinserter block="1"]The first breach is believed to have happened back in 2019, with hackers stealing sensitive data from 7.6 million current and 65.4 million former customers.
Although AT&T believes the data may have been taken from one of its vendors, the firm has acknowledged that data including customers’ social security numbers, names and dates of birth was exposed.
The second breach happened last year, when hackers breached the company’s Snowflake cloud workspace environment, stealing smartphone call and text metadata of nearly 110 million customers from May of 2022 to October of 2022.
People who can prove they suffered financial damages as a result of the data breaches will likely receive a larger share of the payout.
At time of publishing, affected customers are expected to receive notice of eligibility by mail or email, with the claims process coming in August.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
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 assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
