T-Mobile is investing millions of dollars into revamping its cybersecurity practices as part of a settlement with the US Federal Communications Commission. The company will also need to pay the US Treasury $15.75 million in civil penalties — the same amount as its internal cybersecurity investment. The commission says this “groundbreaking” settlement will serve as a model for the industry.
Data breaches at T-Mobile in the last few years have leaked social security numbers, address...