T-Mobile Confirms Data Breach Of 37 Mln US Customer Accounts

RTTNews | 484 days ago
T-Mobile Confirms Data Breach Of 37 Mln US Customer Accounts

(RTTNews) - T-Mobile US, Inc. in a regulatory filing confirmed that it has suffered a cyber attack, in which data for approximately 37 million current postpaid and prepaid customer accounts were stolen.

According to the company, there is currently no evidence of breach or compromise to its systems or network.

The telecom major is in the process of informing impacted customers that a bad actor used a single Application Programming Interface or API to obtain limited types of information on their accounts.

In a filing with the U.S. Securities and Exchange Commission, T-Mobile said the impacted API was able to provide some basic customer information, including name, billing address, email, phone number, date of birth, T-Mobile account number and information regarding the number of lines on the account and plan features.

However, no passwords, payment card information, social security numbers, government ID numbers or other financial account information were compromised.

T-Mobile said that on January 5, it identified that a bad actor was obtaining data through a single API without authorization.

The company, through an investigation with external cybersecurity experts, were able to trace the source of the malicious activity and stop it within 24 hours. The investigation is still ongoing, but the malicious activity appears to be fully contained at this time.

It is now believed that the bad actor first retrieved data through the impacted API starting on or around November 25, 2022.

T-Mobile said it has notified certain federal agencies about the incident, and are concurrently working with law enforcement. The company at present does not expect that the incident will have a material effect on its operations.

The company said, "We understand that an incident like this has an impact on our customers and regret that this occurred. While we, like any other company, are unfortunately not immune to this type of criminal activity, we plan to continue to make substantial, multi-year investments in strengthening our cybersecurity program."

read more
T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos

T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos

T-Mobile (TMUS) and investment firm EQT announced Thursday they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III.
RTTNews | 23 days ago
DISH Inks Deal To Access T-Mobile's Nationwide 5G Network

DISH Inks Deal To Access T-Mobile's Nationwide 5G Network

DISH Network (DISH) and T-Mobile (TMUS) on Tuesday signed an amendment to the 2020 Master Network Services Agreement (MNSA) that provides customers of DISH's retail wireless brands, including Boost Mobile, access to T-Mobile's nationwide 5G network.
RTTNews | 697 days ago
TSX Ends Notably Higher, Gains 0.7% In Week

TSX Ends Notably Higher, Gains 0.7% In Week

The Canadian market ended on a firm note on Friday, lifted by strong gains in materials and energy sectors as commodity prices climbed higher amid rate cut bets and optimism about outlook for demand.
RTTNews | 1 day ago
Dollar Retreats After Early Gains

Dollar Retreats After Early Gains

The U.S. dollar climbed higher in the European session on Friday, extending gains from the previous session, but retreated later and stayed somewhat subdued thereafter and shed ground against its counterparts amid bets the Federal Reserve will start cutting interest rates from September.
RTTNews | 1 day ago
Swiss Market Ends On Firm Note Again

Swiss Market Ends On Firm Note Again

Swiss stocks turned in a fine performance on Friday, extending gains from the previous session, as some encouraging earnings updates and possibility of another rate cut from the Swiss National Bank helped underpin sentiment.
RTTNews | 1 day ago
Major European Markets Close Weak On Interest Rate Concerns

Major European Markets Close Weak On Interest Rate Concerns

The major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time. Some disappointing earnings updates hurt as well.
RTTNews | 1 day ago
U.S. Dollar Lower On Rate Cut Expectations

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews | 1 day ago