Two U.S. Senators Seek Answers From AT&T On Hacking Of Call Data From About 109M Customer Accounts, Ask If AT&T Will Compensate Customers
Portfolio Pulse from Benzinga Newsdesk
Two U.S. Senators have requested answers from AT&T regarding a hacking incident that compromised call data from approximately 109 million customer accounts. They are also inquiring if AT&T will compensate affected customers.

July 16, 2024 | 8:15 pm
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AT&T is under scrutiny from two U.S. Senators following a hacking incident that compromised call data from about 109 million customer accounts. The Senators are also questioning whether AT&T will compensate the affected customers.
The hacking incident and subsequent scrutiny from U.S. Senators could negatively impact AT&T's stock price in the short term due to potential legal liabilities, customer compensation costs, and damage to the company's reputation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100