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Home Decentralized Finance

T-Mobile Offers Free ID Protection After Breach

by thecvamx
in Decentralized Finance
Reading Time: 3 mins read
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T-Mobile confirmed that hackers stole sensitive data on more than 40 million customers, and is now offering McAfee identity protection services at no charge for two years, according to a Tuesday (Aug. 17) T-Mobile press release and media outlets.

The mobile phone carrier said the hacker infiltrated its network and stole Social Security numbers, full names, birth dates, and driver’s license details. The sensitive data swiped came from roughly 7.8 million current T-Mobile customers — including prepaid — and from people who had applied for credit with the company.

See also: T-Mobile Says It’s Working To Address Cybersecurity Incident

“Importantly, no phone numbers, account numbers, PINs, passwords, or financial information were compromised in any of these files of customers or prospective customers,” the company said in a statement, The Wall Street Journal reported.

Reports from Vice’s Motherboard on Monday (Aug. 16), which broke the story, indicated the numbers of those exposed were 100 million-plus and had confirmed with the hacker that sensitive data was up for sale on the dark web.

Also read: Hackers Reportedly Selling Data On 100M T-Mobile Users

“We immediately began an exhaustive investigation into these claims and brought in world-leading cybersecurity experts to help with our assessment,” T-Mobile said in the press release. “We then located and immediately closed the access point that we believe was used to illegally gain entry to our servers.”

Roughly 850,000 customers part of T-Mobile’s prepaid plans had their names, phone numbers and account PINs exposed. Metro by T-Mobile, legacy Sprint and Boost Mobile brands were not part of the breach, the company said, per WSJ.

Related: Feds Turn To Big Tech To Fight Cybercrime

The company said PINs were reset for all prepaid users and it is advising all customers to do the same, per the press release. The Bellevue, Washington-headquartered firm also said in the press release that it is launching a special website to address this cyberattack so people can stay informed. 

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.

T-Cellular confirmed that hackers stole delicate information on greater than 40 million clients, and is now providing McAfee id safety companies at no cost for 2 years, in response to a Tuesday (Aug. 17) T-Cellular press launch and media shops.

The cell phone provider stated the hacker infiltrated its community and stole Social Safety numbers, full names, start dates, and driver’s license particulars. The delicate information swiped got here from roughly 7.8 million present T-Cellular clients — together with pay as you go — and from individuals who had utilized for credit score with the corporate.

See additionally: T-Cellular Says It is Working To Deal with Cybersecurity Incident

“Importantly, no cellphone numbers, account numbers, PINs, passwords, or monetary info had been compromised in any of those information of consumers or potential clients,” the corporate stated in an announcement, The Wall Road Journal reported.

Reviews from Vice’s Motherboard on Monday (Aug. 16), which broke the story, indicated the numbers of these uncovered had been 100 million-plus and had confirmed with the hacker that delicate information was up on the market on the darkish net.

Additionally learn: Hackers Reportedly Promoting Information On 100M T-Cellular Customers

“We instantly started an exhaustive investigation into these claims and introduced in world-leading cybersecurity specialists to assist with our evaluation,” T-Cellular stated within the press launch. “We then positioned and instantly closed the entry level that we imagine was used to illegally achieve entry to our servers.”

Roughly 850,000 clients a part of T-Cellular’s pay as you go plans had their names, cellphone numbers and account PINs uncovered. Metro by T-Cellular, legacy Dash and Increase Cellular manufacturers weren’t a part of the breach, the corporate stated, per WSJ.

Associated: Feds Flip To Huge Tech To Struggle Cybercrime

The corporate stated PINs had been reset for all pay as you go customers and it’s advising all clients to do the identical, per the press launch. The Bellevue, Washington-headquartered agency additionally stated within the press launch that it’s launching a particular web site to deal with this cyberattack so individuals can keep knowledgeable. 

——————————

NEW PYMNTS DATA: 58 PERCENT OF MULTINATIONAL FIRMS ARE USING CRYPTOCURRENCY

 About: Despite their worth volatility and regulatory uncertainty, new PYMNTS analysis exhibits that 58 % of multinational companies are already utilizing no less than one type of cryptocurrency — particularly when transferring funds throughout borders. The brand new Cryptocurrency, Blockchain and International Enterprise survey, a PYMNTS and Circle collaboration, polls 500 executives seems on the potential and the pitfalls dealing with crypto because it strikes into the monetary mainstream.

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