AT&T’s data breach settlement called a ‘slap on the wrist’

AT&T suffered data breaches involving mobile customers’ personal information at three overseas call centers. The $25 million settlement with the U.S. Federal Communications Commission amounts to a “slap on the wrist,” expert says. Other companies reporting data breaches, including Target and Sony Pictures, haven’t seen their stock prices fall significantly, he says. The FCC settlement, the largest in agency history for a data breach, “ups the ante” for penalties, but the FCC may still have been a better option, lawyer says.”]

Source: https://www.csoonline.com/article/2908367/atandts-data-breach-settlement-called-a-slap-on-the-wrist.html