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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-01-20T16:39:00
The Federal Communications Commission (FCC) launched an investigation into T-Mobile after the telecommunications giant disclosed it suffered yet another significant cybersecurity lapse exposing customer information.
T-Mobile said in a filing with the Securities and Exchange Commission on Thursday that a bad actor used a single application programming interface to obtain the data of approximately 37 million current postpaid and prepaid customer accounts. The company said it found no evidence the bad actor breached or compromised its systems and that it shut the issue down within 24 hours of identifying it on Jan. 5.
Affected information included names, billing addresses, email addresses, phone numbers, dates of birth, and T-Mobile account numbers and features. No passwords or financial information were exposed, according to the company.
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News and analysis for the well-informed compliance or audit exec.
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2024-04-29T20:30:00Z By Adrianne Appel
The Federal Communications Commission fined telecommunications giants T-Mobile, Sprint, AT&T, and Verizon a total of approximately $196 million for allegedly selling customers’ location data to third parties without consent.
2023-06-16T14:19:00Z By Kyle Brasseur
The Federal Communications Commission announced the launch of a new task force to coordinate privacy and data protection efforts at the agency, which oversees a telecommunications industry often targeted by cybercriminals.
2022-07-25T15:32:00Z By Aaron Nicodemus
T-Mobile agreed to create a $350 million fund and spend an additional $150 million on improving its data security to settle a class-action lawsuit related to a 2021 hack that exposed the personal information of more than 76 million customers.
2024-07-02T20:35:00Z By Adrianne Appel
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
2024-07-02T14:42:00Z By Adrianne Appel
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
2024-07-02T13:50:00Z By Aaron Nicodemus
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
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