Verizon Subsidiary Settles With FCC for $16M Over Three Data Breaches

July 24, 2024 at 08:39AM Telecommunications provider TracFone Wireless has agreed to a $16 million civil penalty to settle investigations into three data breaches involving the compromise of customer information. The breaches, occurring between Jan 2021 and Jan 2023, exploited APIs and led to unauthorized access to customer information. TracFone will implement an information security … Read more

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