AT&T To Pay $13M Fine For January 2023 Data Breach Affecting 8.9M Customers
Portfolio Pulse from Benzinga Newsdesk
AT&T has been fined $13 million for a data breach in January 2023 that affected 8.9 million customers. This penalty highlights the company's ongoing challenges with data security.
September 17, 2024 | 2:38 pm
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AT&T has been fined $13 million due to a data breach in January 2023 affecting 8.9 million customers. This incident underscores the company's data security vulnerabilities and could impact investor confidence.
The $13 million fine is a direct financial penalty for AT&T, reflecting negatively on its data security practices. This could lead to a short-term decrease in stock price as investors react to the financial and reputational impact of the breach.
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