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US Judge Approves $177 Million Settlement in AT&T 2024 Data Breach Lawsuits

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A U.S. judge granted preliminary approval on Friday to a $177 million settlement resolving class-action lawsuits against telecom giant AT&T (T.N) over data breaches in 2024 that exposed personal information of tens of millions of customers. U.S. District Judge Ada Brown in Dallas ruled that the settlement was fair and reasonable.

The settlement addresses claims stemming from breaches announced by AT&T in May and July of last year. Depending on the breach, customers who suffered losses “fairly traceable” to the incidents can receive payments of up to $2,500 or $5,000. After direct loss claims are paid, remaining funds will be distributed to customers whose personal data was accessed.

AT&T denied responsibility for the criminal acts but agreed to the settlement to avoid prolonged and costly litigation. The company expects final approval by the end of 2025 and plans to begin issuing payments early next year.

One breach involved the illegal download of about 109 million customer accounts from AT&T’s Snowflake cloud platform, exposing six months of call and text logs from 2022 for nearly all its customers. In March 2024, AT&T revealed a related data set released on the dark web, affecting approximately 7.6 million current and 65.4 million former account holders, with data dating back to 2019 or earlier.

The Federal Communications Commission (FCC) is also investigating the incidents. Last September, AT&T agreed to pay $13 million to settle an FCC probe into a 2023 data breach involving a cloud vendor that affected 8.9 million wireless customers. The FCC said the exposed data covered customers from 2015 to 2017 and should have been deleted by 2017 or 2018.

Aflac Investigates Potential Data Breach Following Cyberattack

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Aflac, a health and life insurer, announced on Friday that it is investigating a cyberattack on its U.S. network that may have exposed customers’ personal data. The breach was detected on June 12 and is believed to have been conducted by the cybercrime group Scattered Spider, known for targeting multiple companies in the same industry through coordinated waves of attacks.

Scattered Spider, active since May 2022, is notorious for using identity-based tactics such as scamming help desks to reset credentials and bypass multi-factor authentication. This group has been linked to recent service disruptions at Philadelphia Insurance Companies and Erie Indemnity.

Aflac’s investigation is still in the early stages, and the insurer has not disclosed the number of affected customers or the timeline for completing the review. The company handles personal, medical, and financial data of over 50 million policyholders in the U.S. and Japan, including accident and pet insurance customers.

The attack potentially exposed sensitive information, including social security numbers and health details. Aflac reported that it stopped the intrusion within hours and has engaged third-party cybersecurity experts to assist with the investigation. Despite the breach, Aflac stated that it continues to operate normally while addressing the incident.

This attack follows a wave of cyber threats in the healthcare and insurance sectors, including a major breach last year of UnitedHealth’s Change unit by the hacking group ALPHV, also known as BlackCat.

India’s TCS Confirms No Systems Compromised in Marks & Spencer Cyberattack

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Tata Consultancy Services (TCS) stated that none of its systems or users were compromised in the recent cyberattack affecting British retailer Marks & Spencer (M&S), a client of over ten years.

At its annual shareholder meeting, independent director Keki Mistry said, “As no TCS systems or users were compromised, none of our other customers are impacted.” He added that the ongoing investigation into the M&S breach does not involve TCS systems.

This marks the first public comment from India’s largest IT services firm on the cyberattack. M&S did not immediately respond to requests for comment.

TCS provides technology services to M&S and secured a $1 billion contract in early 2023 to modernize the retailer’s legacy technology, focusing on supply chain and omnichannel sales improvements.

The cyberattack, disclosed by M&S in April, is described as “highly sophisticated and targeted.” It is expected to cost M&S approximately £300 million ($403 million) in lost operating profit, with online service disruptions anticipated until July.

Last month, the Financial Times reported that TCS was internally investigating whether its systems were used as a gateway for the cyberattack.

Mistry chaired the shareholder meeting, while Tata Group Chairman N Chandrasekaran was absent due to urgent matters related to a recent Air India plane crash in Ahmedabad, which killed 241 of the 242 passengers onboard.