T-Mobile agrees to pay $500 million in class-action settlement for 2021 data breach

US carrier T-Mobile has agreed to pay out $500 million as part of a class action lawsuit settlement for a data breach that took place in 2021. Customer data of “approximately 76.6 million U.S. residents identified by T-Mobile” was compromised as per the court filing on Friday. A report from Motherboard back in August of 2021 identified that the customer data involved in the breach included Social Security numbers, names, addresses, and driver license information of affected customers. Of the settlement amount, $350 million will be divided between customers and lawyers (to pay fees and...