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T-Mobile hit with $60 million Cfius penalty over lapses in sensitive data protection following Sprint deal

( August 14, 2024, 21:19 GMT | Official Statement) -- MLex Summary: T-Mobile was hit with a $60 million penalty from the Committee on Foreign Investment in the US for failing, during several months in 2020 and 2021, "to take appropriate measures to prevent unauthorized access to certain sensitive data" as required by the national security agreement it entered into with Cfius as part of the Sprint acquisition. T-Mobile also "failed to report some incidents of unauthorized access promptly to CFIUS, delaying the Committee’s efforts to investigate and mitigate any potential harm," according to a newly updated list of enforcement matters from Cfius.Excerpt:...

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