US Fines T-Mobile $60 Million, Its Largest Penalty Ever, Over Unauthorized Data Access

The U.S. Committee on Foreign Investment (CFIUS) fined T-Mobile $60 million, its largest penalty ever, for failing to prevent and report unauthorized access to sensitive data tied to violations of a mitigation agreement from its 2020 merger with Sprint. "The size of the fine, and CFIUS's unprecedented decision to make it public, show the committee is taking a more muscular approach to enforcement as it seeks to deter future violations," reports Reuters. From the report: T-Mobile said in a statement that it experienced technical issues during its post-merger integration with Sprint that affected "information shared from a small number of law enforcement information requests." It stressed that the data never left the law enforcement community, was reported "in a timely manner" and was "quickly addressed." The failure of T-Mobile to report the incidents promptly delayed CFIUS' efforts to investigate and mitigate any potential harm to U.S. national security, they added, without providing further details. "The $60 million penalty announcement highlights the committee's commitment to ramping up CFIUS enforcement by holding companies accountable when they fail to comply with their obligations," one of the U.S. officials said, adding that transparency around enforcement actions incentivizes other companies to comply with their obligations.

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