T-Mobile Data Breach Settlement: $350 Million Payout to Affected Customers
• T-Mobile is distributing $350 million in compensation to approximately 76 million customers affected by a 2021 data breach, marking the second-largest data breach settlement in US history.
• The settlement, resulting from a class-action lawsuit, covers reimbursements for out-of-pocket expenses related to the breach, general cash payouts, identity protection services, and costs associated with managing the claims process.
• While some customers may receive less than $25, those who documented losses or time spent addressing the breach will receive higher compensation; alternatively, claimants could opt for a flat payment of $25 or $100 (for California residents).
• The claim submission deadline has passed, meaning only those who filed claims before the deadline will receive compensation; details on activating identity protection services will be sent directly to eligible claimants.
https://eladelantado.com/news/t-mobile-data-breach-payout/