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AT&T’s Proposed Settlement of Data Breach Lawsuit Receives Preliminary Approval
- AT&T's proposed settlement of a class action lawsuit over data breaches received preliminary approval from a judge on Friday.
- The $177 million settlement was deemed fair and reasonable by the judge.
- The lawsuit stemmed from data breaches announced by AT&T in May 2024 and July, affecting tens of millions of customers.
- Under the settlement, affected customers may receive up to $2,500 or $5,000, with remaining funds distributed to others whose information was accessed.
- AT&T denied responsibility for the breaches but agreed to settle to avoid lengthy litigation.
- In a cybersecurity incident, records of calls and texts of almost all wireless customers were stolen, but no content or personal data was taken.
- The stolen data could potentially be used to associate telephone numbers with names through public tools.
- The breach was linked to an earlier incident involving cloud vendor Snowflake.
- In a separate settlement with the FCC, AT&T agreed to pay $13 million and enhance data governance following a 2023 hack.
- The settlement shows AT&T's efforts to address data breach issues and compensate affected customers.
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