logo
AT&T's $177 Million Settlement Will Pay Victims of Two Huge Data Breaches. Learn Who Qualifies

AT&T's $177 Million Settlement Will Pay Victims of Two Huge Data Breaches. Learn Who Qualifies

CNET4 hours ago

AT&T's settlement stems from two data breaches inn 2019 and 2024.
AT&T/CNET
Of the 1,350,835,988 notices sent to subjects of data breaches in 2024, almost a tenth of those came from a hack of AT&T servers in April, according to to the Identity Theft Resource Center's 2024 Annual Data Breach Report. The telecom giant now plans to settle a lawsuit for that breach and another in 2019 for a whopping $177 million.
On Friday, June 20, US District Judge Ada Brown granted preliminary approval to the terms of a proposed settlement from AT&T that would resolve two lawsuits related to the data breaches. The current settlement would see AT&T pay $177 million to customers adversely affected by at least one of the two data breaches.
The settlement will prioritize larger payments to customers who suffered damages that are "fairly traceable" to the data leaks. It will also provide bigger payments to those impacted by the larger of the two leaks, which began in 2019. While the company is working towards a settlement, it has continued to deny that it was "responsible for these criminal acts."
For all the details about we have about the settlement right now, keep reading, and for more info about other recent settlements, find out how to claim Apple's Siri privacy settlement and see if you're eligible for 23andMe's privacy breach settlement.
What happened with these AT&T data breaches?
AT&T first confirmed the two data breaches last year, announcing an investigation into the first in March before confirming it in May, followed by confirmation of the second one in July.
The first of the confirmed breaches began in 2019. The company revealed that around 7.6 million current and 65.4 million former account holders had their data exposed to hackers, including names, Social Security numbers and dates of birth. The company first began investigating the situation last year after it reported that customer data had appeared on the dark web.
The second breach began in April of 2024, when a hacker broke into AT&T cloud storage provider Snowflake and accessed 2022 call and text records for almost all of the company's US customers, around 109 million in all. The company stressed that no names were attached to the stolen data, and two individuals were arrested in connection with the breach.
Both of these incidents sparked a wave of class action lawsuits alleging corporate neglect on the part of AT&T in failing to sufficiently protect its customers.
How will I know if I'm eligible for the AT&T data breach settlement?
As of now, we know that the settlement will pay out to any current or former AT&T customer whose data was accessed in one of these data breaches, with higher payments reserved for those who can provide documented proof that they suffered damages directly resulting from their data being stolen.
If you're eligible, you should receive a notice about it, either by email or by a physical letter in the mail, sometime in the coming months. The company expects that the claims process will begin on Aug. 4, 2025.
How much will the AT&T data breach payments be?
You'll have to "reasonably" prove damages caused by these data breaches to be eligible for the highest and most prioritized payouts. For the 2019 breach, those claimants can receive up to $5,000. For the Snowflake breach, the max payout will be $2,500. It's not clear at this time how the company might be handling customers who've been affected by both breaches.
AT&T will focus on making those payments first, and whatever's left of the $177 million settlement total will be disbursed to anyone whose data was accessed, even without proof of damages. Since these payouts depend on how many people get the higher amounts first, we can't say definitively how much they will be.
When could I get paid from the AT&T data breach settlement?
AT&T expects that payments will start to go out sometime in early 2026. Exact dates aren't available right now. The recent court order approving the settlement lists a notification schedule of Aug. 4 to Oct. 17, 2025.
The deadline for submitting a claim is currently set at Nov. 18, 2025. The final approval of the settlement needs to be given at a Dec. 3, 2025 court hearing in order for payments to begin.
Stay tuned to this piece in the coming months to get all the new details as they emerge, and for more money help, check out CNET's daily tariff price impact tracker.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Jim Cramer on NVIDIA Stock: 'I Don't See It Tripling From Here'
Jim Cramer on NVIDIA Stock: 'I Don't See It Tripling From Here'

Yahoo

time12 minutes ago

  • Yahoo

Jim Cramer on NVIDIA Stock: 'I Don't See It Tripling From Here'

NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 stocks Jim Cramer put under the microscope recently. The company was mentioned during the episode, and here's what Mad Money's host had to say: 'If the semis became like the oils in 1980, then tech would… account for about 60% of the S&P 500. I think that's unrealistic… I just think we gotta curb our enthusiasm a little bit, and everyone knows I love the sector. It's hard to accept that a stock like NVIDIA, currently the largest company in the world, could double or even triple if Reitzes' (Ben Reitzes, Managing Director and Head of Technology Research at Melius Research) bullish forecast comes to life. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. NVIDIA (NASDAQ:NVDA) develops advanced computing, graphics, and networking technologies. The company provides a wide range of products and software that support data centers, AI, robotics, gaming, virtual computing, and automotive systems, including cloud services and digital twin applications tailored for enterprise AI use. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.

Jim Cramer Calls AMD a 'Semi-Meaningful Competitor' to NVIDIA
Jim Cramer Calls AMD a 'Semi-Meaningful Competitor' to NVIDIA

Yahoo

time12 minutes ago

  • Yahoo

Jim Cramer Calls AMD a 'Semi-Meaningful Competitor' to NVIDIA

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 13 stocks Jim Cramer recently shed light on. During the episode, Cramer called the stock a 'semi-meaningful competitor' to NVIDIA. He said: 'Lately though, we've been seeing AMD, their only semi-meaningful competitor; stock's up like 40 straight points, win[s] a lot of business. Same with Cisco, Arm Holdings. Marvell Tech. Broadcom plays a huge role in these. Vertiv makes power and cooling equipment for the data center. A close up of a complex looking PCB board with several intergrated semiconductor parts. Advanced Micro Devices (NASDAQ:AMD) designs and sells a wide range of semiconductor products, including AI accelerators, microprocessors, GPUs, FPGAs, and adaptive SoCs for applications in computing, graphics, gaming, and data centers. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Jim Cramer Says Applied Digital is a 'Very Good Spec'
Jim Cramer Says Applied Digital is a 'Very Good Spec'

Yahoo

time15 minutes ago

  • Yahoo

Jim Cramer Says Applied Digital is a 'Very Good Spec'

Applied Digital Corporation (NASDAQ:APLD) is one of the 11 stocks Jim Cramer put under the microscope recently. A caller asked for Cramer's thoughts on the company, and in response, he said: 'Okay, this is high-performance computing infrastructure, and high-performance computing is on fire. That company doesn't make any money, but I think it's a very good spec.' An overhead view of a large-scale data center with rows of servers and blinking lights. Applied Digital (NASDAQ:APLD) develops and operates digital infrastructure. The company delivers cloud services and high-performance computing tailored to sectors including artificial intelligence, machine learning, and cryptocurrency mining. It is worth noting that in April, when Cramer was asked about the company, he said: 'I know the company, and it's the kind of thing, we have so many of these digital infrastructure plays. I actually just prefer if you're going to go there, just go buy Salesforce. I'm not kidding. Go buy CRM, I would feel better that way.' While we acknowledge the potential of APLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store