Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account The company noted that it began a “substantial, multi-year investment” in 2021 to improve its cybersecurity capabilities and protections. “We will continue to make substantial investments to strengthen our cybersecurity program.” “Protecting our customers’ data remains a top priority,” T-Mobile said in a statement. (TMUS)’s systems and network do not appear to have been hacked. The company says it continues to investigate the breach but believes it is “fully contained.” It also noted T-Mobile (TMUS) was able to discover the source of the breach and stop it a day after the hack was discovered. (TMUS) learned about the data breach, the company said it hired an external cybersecurity team to investigate. It noted that it could be on the hook for “significant expenses” because of the hack, although the company said it doesn’t expect the charges will have a material effect on T-Mobile’s bottom line. (We couldn’t resist posting the cheeky creative image from security influencer Brian Kreb’s blog on the incident.) Adding salt to the wound (no pun intended), T-Mobile has also just agreed to pay 350 million over a 2021. The wireless carrier didn’t indicate what it might do to remedy the situation. Coverage of the attack has been swift, far-reaching, and harsh, as this represents T-Mobile’s 8th breach since 2018. T-Mobile said it is working with law enforcement and has begun to notify customers whose information may have been breached. Nevertheless, that information can be compiled with other stolen or publicly available information and used by scammers to steal people’s identities or money. T-Mobile said no social security numbers, credit card information, government ID numbers, passwords, PINs or financial information were exposed in the hack. In a regulatory filing Thursday, the company said the hacker stole customer data that included names, billing addresses, emails, phone numbers, dates of birth, T-Mobile account numbers and information describing the kind of service they have with the wireless carrier. T-Mobile said in a regulatory filing on Friday that while the investigation was ongoing, it was confident that it had "closed off the access.T-Mobile said a “bad actor” accessed personal data from 37 million current customers in a November data breach. "It appears that their IT system is particularly vulnerable since they haven't been able to rectify their known security issues during this time period, which should be concerning to customers." "T-mobile has had 6 other data breaches in the past 4 years," said Doug Schmidt, a professor of computer science at Vanderbilt University. In 2018, the company had informed about a potential security breach that could have affected about 3% of its 77 million customers. The wireless carrier is the latest victim of cyberattacks on large corporations in the United States as hackers exploit weakened user system privacy and security due to work-from-home policies instituted since the onset of the coronavirus pandemic. Some T-Mobile customers sued the company for damages late Thursday night in Seattle federal court, saying in a proposed class action that the cyberattack violated their privacy and exposed them to a higher risk of fraud and identity theft. The data includes addresses, dates of birth and phone numbers of customers, the company said, adding that it had no indication that the accessed data contained financial information such as credit card or other payment data. Federal Communications Commission (FCC) opened an investigation into the breach, T-Mobile revealed it had identified 5.3 million additional wireless subscribers who were impacted by the breach as well as 667,000 more accounts of former customers. In its latest update, which comes days after the U.S. wireless carrier had earlier this week said that personal data of more than 40 million former and prospective customers was stolen along with data from 7.8 million existing T-Mobile wireless customers.
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