On Wednesday, T-Mobile US Inc said: an investigation into a data breach revealed that personal data, including social security numbers and driver’s license information, of more than 40 million former and prospective customers was stolen. The stolen files also comprised data from 7.8 million T-Mobile wireless users.
The personal credentials dates of birth, first and last names were also stolen, the telecom services provider said, with no sign of their financial details being deterred.
The company, as of June had 104.8 million customers, acknowledged the data breach on Sunday just after the U.S.-based digital media platform Vice first reported that a seller had posted on an underground forum presented for sale of some private data, comprising social security numbers at the T-Mobile servers.”
Vice averred the seller claimed that 100 million people had their data compromised in the breach. The seller was offering data on 30 million people for 6 bitcoin, or around $270,000.
Afterwards, the reports suggested that the bidding price had slumped collapsed and the entire data was being given out for just $200. Reuters has not been able to evaluate the purity of the forum’s post.
T-Mobile’s data breakup is the recent high-profile cyber attacks as digital thieves can take an edge over due to weak security about the COVID-19 pandemic. Earlier this month, cryptocurrency platform Poly Network lost around $610 million in a hack and afterwards granted the hacker or hackers a $500,000 “bug bounty”.
