AT&T Agrees to $177 Million Settlement Over Data Breaches, Offering Up to $5,000 for "Fairly Traceable" Losses

AT&T has agreed to a $177 million settlement following two recent data breaches that affected millions of its current and former customers. Eligible individuals may file claims to receive compensation, with those demonstrating "fairly traceable" losses potentially receiving up to $5,000. The settlement outlines specific eligibility criteria and provides guidance on how customers can submit claims. Payment timelines and claim filing procedures have been communicated to ensure affected customers can access their share of the settlement. This resolution addresses the security lapses and unauthorized access incidents that compromised customer data at the telecom giant.