AT&T Finally Admits To Massive Data Breach Which Reportedly Affected 65.4M Customers: '... Passcodes Have Been Compromised'
Portfolio Pulse from Ananya Gairola
AT&T Inc. (NYSE:T) has confirmed a significant data breach affecting 65.4 million customers, compromising passcodes, names, and other personal information. The breach, which occurred over two years ago, did not involve personal financial information or call history. AT&T has taken steps to reset passcodes for 7.6 million current customers and is offering identity theft and credit monitoring services to affected customers.
April 01, 2024 | 2:48 am
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AT&T Inc. acknowledges a data breach affecting 65.4 million customers, compromising sensitive information but not financial data. The company is taking remedial actions.
The acknowledgment of a significant data breach involving sensitive customer information, despite not including financial data, is likely to negatively impact AT&T's stock price in the short term due to potential concerns over cybersecurity measures and customer trust.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100