T-Mobile settles suit over massive hacking for $350M

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T-Mobile settles suit over massive hacking for $350M
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DATA BREACH: Customers' social security numbers, addresses, birthdates and driver's licenses were affected by the hack.

The number was raised past 50 million, and T-Mobile said in November its investigation uncovered an additional 26 million people whose personal information was accessed.specifically, including accusations it had inadequate data security.

The company has said the information included names, addresses, birthdates, driver's license data and Social Security numbers. Friday's settlement covered nationwide litigation combining at least 44 proposed class-action lawsuits.Class members may receive cash payments of $25, or $100 in California, and some could receive up to $25,000 to cover out-of-pocket losses, settlement papers show. John Binns, a 21-year-old American who had moved to Turkey a few years earlier, took responsibility for the hacking, The Wall Street Journal reported last August.

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