AT & T Inc. (NYSE:R.Customers, present and past, stand up to $ 7,500 as part of a proposed settlement of $ 177 million. This settlement is in response to important data violations that affected millions of AT & T customers.
What happenedI suggested at & t inc. A settlement of up to 177 million dollars. This amount includes 149 million dollars for the preliminary case case and an additional 28 million dollars for the second.
The first violation of the data, which was disclosed in March 2024, affected 73 million account holders, as infiltrators obtained personal information and posted it on the dark web. A later breach in July 2024 is at risk of records and text messages for almost all AT&T customers.
According to the report by The New York Post, the settlement has not yet obtained approval, with a final hearing on December 3 at the US District Court of the Northern Region in Texas. Customers who have been subjected to their data can apply for compensation before the session.
They will be notified via an email from the KROLL settlement management and the claim form must be submitted by November 18.
Also read: Gamestop to pay $ 4.5 million on alleged privacy violations that involve Facebook data sharing
Customers affected by the breach of March 2024 can claim up to $ 5,000, while those affected by the violation of July can claim up to $ 2,500. Customers who have been affected by both violations can be qualified for up to $ 7,500.
AT & T will require evidence of the losses associated with violations. Payments are expected to start by the end of the year, but may be postponed if the appeals are presented after the session.
Why do it matterThis settlement proposal is an important development for AT & T customers who have been affected by data violations.
The suggested compensation is not only recognized by the inconvenience and the potential damage caused by violations, but also a reminder of the importance of strong data security measures for companies that deal with the customer’s sensitive information.
The result of the final session will be closely monitored, as it can put a precedent for future data breach settlements.
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