AT&T Agrees to $177 Million Settlement With Up to $5,000 Payouts for 7.6M Current and 65.4M Former Customers

AT&T has agreed to a $177 million settlement following two major data breaches that exposed sensitive information of approximately 7.6 million current and 65.4 million former customers. The breaches, confirmed in March 2024, involved the leak of data including Social Security numbers, which was found on the dark web. The settlement, which recently received preliminary court approval in Texas, is divided into two funds totaling $149 million and $28 million. Eligible current and former customers who can demonstrate "fairly traceable" losses related to the breaches may receive payouts of up to $5,000. The claims process will open soon, allowing affected individuals to file for compensation. This settlement aims to address the impact of the breaches on millions of AT&T subscribers and provide financial restitution for losses incurred.