Verizon to pay $16 million in TracFone data breach settlement

July 23, 2024 at 12:35PM Verizon Communications has settled a $16 million agreement with the FCC over three data breaches at its subsidiary, TracFone Wireless, after its 2021 acquisition. The breaches involved unauthorized access and exposed customer data. As part of the settlement, Verizon must enhance data security measures, including API vulnerability reduction, SIM change … Read more