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T-Mobile agreed to pay $350 million over 2021 data breach

Photo: John Macdougal
Photo: John Macdougal (Getty Images)

In July mobile carrier T-Mobile agreed to pay $350 million to settle multiple class action lawsuits concerning a 2021 data breach that allegedly affected the personal information of more than 76 million U.S. residents. T-Mobile went a step further and agreed to spend an additional $150 million on top of the settlement on bolstering its cybersecurity.

A seller purporting to have access to the stolen data attempted to sell data on 30 million users for around $270,000 on the darknet, according to Motherboard.