Wireless provider fined $60M over sensitive data breach allegations
The Committee on Foreign Investment in the U.S. announced a USD60 million settlement with wireless provider T-Mobile to resolve allegations it did not "promptly" report unauthorized access to sensitive data, as mandated in its commitments to the U.S. government when it merged with rival carrier Sprint in 2018, The Wall Street Journal report. The CIFUS is a regulatory panel that reviews commercial agreements that could pose U.S.