AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It was founded in 1883 and is the world’s third-largest telecommunications company by revenue.
According to reports, AT&T has agreed to pay $13 million USD to settle an investigation over a data breach of a cloud vendor in January 2023 that exposed the information of 8.9 million customers.
The report further mentions that the fine imposed by the Federal Communications Commission (FCC) aims to hold AT&T accountable for failing to protect its customers’ data. The company, in return, has agreed to boost its data governance practices to increase supply chain integrity in the handling of sensitive data to protect consumers from similar data breaches.
