Tag: AT&T

  • AT&T Pays $177M for Data Breaches; Customers May Get $7,500

    AT&T Pays $177M for Data Breaches; Customers May Get $7,500

    Key Takeaways

    1. AT&T has agreed to pay $177 million to settle class action lawsuits related to two significant data breaches affecting millions of customers.
    2. The first breach in 2019 compromised the personal information of approximately 73 million customers, while the second breach in 2024 affected around 100 million people.
    3. Customers can claim their share of the settlement by applying through the Kroll Settlement Administration website, with potential payouts up to $7,500 based on their involvement in the breaches.
    4. Victims of the 2019 breach may receive up to $5,000 for proven financial damage, while those affected by the 2024 breach could receive up to $2,500.
    5. Claimants have until December 18, 2025, to submit their claims, and Kroll is contacting affected customers with a “Class Member ID” to confirm eligibility.

    Millions of people who are or were customers of AT&T might be able to get cash payments due to two big data breaches. The telecom giant has agreed to pay $177 million to settle class action lawsuits related to these security issues.

    Details of the Breaches

    The first breach happened in 2019 and put the personal information of around 73 million customers at risk, although AT&T didn’t admit to the breach until 2024. The leaked data included names, birth dates, and Social Security numbers.

    The second breach was reported in 2024 and impacted even more people, 100 million, after hackers accessed AT&T’s data storage. This situation is the worst privacy issue in the history of the US telecom sector.

    Claiming Compensation

    Customers can get their portion of the $177 million settlement by applying through the Kroll Settlement Administration website. Depending on their involvement in both breaches, claimants may receive up to $7,500 each.

    Kroll has begun reaching out to affected customers via email, providing them with a “Class Member ID” to confirm their eligibility. However, those who haven’t received any notice can still reach out to the settlement administrator if they believe they are entitled to compensation.

    Amounts for Victims

    Victims of the 2019 incident may receive up to $5,000 if they can show financial damage, while those affected by the second breach might get as much as $2,500.

    As anticipated, the settlement administrator’s site has seen a lot of visitors. Claimants have until December 18, 2025, to submit their claims.

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  • Klarna Launches MVNO in US; Germany and UK Coming Soon

    Klarna Launches MVNO in US; Germany and UK Coming Soon

    Key Takeaways

    1. Klarna is launching a mobile service as a Mobile Virtual Network Operator (MVNO) in the U.S., with plans for expansion to the UK and Germany.
    2. The mobile plan will cost $40 per month and includes unlimited 5G data, talk, and text, using AT&T’s network.
    3. Klarna aims to simplify the process of switching mobile plans, addressing consumer concerns about difficulty in changing providers.
    4. The mobile service promises transparency with no hidden fees, activation charges, or cancellation fees.
    5. Users can switch to Klarna’s mobile plan easily through the Klarna app, without needing in-person visits or paperwork.

    Klarna has made a name for itself by allowing consumers to purchase products immediately and pay for them over time. Recently, the company has announced that it will be venturing into the mobile network arena with the introduction of its own mobile service.

    Klarna’s New Mobile Venture

    By launching this new mobile service, Klarna is officially stepping into the role of a Mobile Virtual Network Operator (MVNO), similar to Google Fi, Mint Mobile, and Metro by T-Mobile. As stated in a press release, the service is set to debut in the United States within the next few weeks, with plans to expand to other markets, including the UK and Germany, afterwards.

    Addressing Consumer Concerns

    Klarna has noted that a significant number of Americans find it hard to switch their mobile phone plans, and they aim to make this process easier. The MVNO will offer a straightforward plan priced at $40 per month, utilizing AT&T’s network. This plan includes unlimited 5G data, talk, and text without any caps.

    Transparency and Convenience

    Klarna assures potential customers that there will be no hidden fees associated with the mobile plan, and the transition will be hassle-free. Users won’t face charges for activation or cancellation, and they can retain their current phone number if they choose. The entire process of switching to Klarna’s mobile plan can be completed through the Klarna app, eliminating the need for in-person visits, phone calls, or any paperwork.

    Klarna boasts over 25 million active users in the US and believes its mobile service can significantly disrupt the telecommunications market.

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