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Due diligence provisions requiring the company to properly vet acquisitions and evaluate data security concerns prior to integration.Implementation of a comprehensive Information Security Program, incorporating zero-trust principles, regular executive-level reporting, and enhanced employee training.Prohibition against misrepresentations to its clients regarding the extent to which Experian protects the privacy and security of personal information.As part of a $12.67 million settlement, Experian has agreed to strengthen its due diligence and data security practices going forward. Neither Experian’s consumer credit database, nor T-Mobile’s systems, were compromised in the breach.Ī 40-state multistate group has obtained separate settlements from Experian and T-Mobile in connection with the 2015 data breach.
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The information accessed included names, addresses, dates of birth, Social Security numbers, identification numbers (such as driver’s license and passport numbers), and related information used in T-Mobile’s own credit assessments. The breach involved information associated with consumers who had applied for T-Mobile postpaid services and device financing between September 2013 and September 2015. In September 2015, Experian, one of the three major credit reporting bureaus, reported it had experienced a data breach in which an unauthorized actor gained access to part of Experian’s network that stored personal information on behalf of its client, T-Mobile. This settlement ensures that Experian & T-Mobile must do the right thing and fix the security failures that led to a preventable data breach.”
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Their systems were vulnerable to a massive data breach, and the personal identifying information for millions of Americans was put at risk. “Experian and T-Mobile failed in their responsibility to safeguard consumers’ personal information. “These data breaches will keep happening until we force change in corporate behavior,” said AG Shapiro. Pennsylvania will receive $464,000 from these settlements. Under the settlements, the companies have agreed to improve their data security practices and to pay the states a combined amount of more than $16 million. An additional settlement was reached with T-Mobile in connection with the 2015 Experian breach, which impacted more than 400,000 Pennsylvania consumers who submitted credit applications with T-Mobile.
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HARRISBURG – Attorney General Josh Shapiro announced today that Pennsylvania, along with a coalition of other attorneys general, has obtained two multistate settlements with Experian concerning data breaches it experienced in 20 that compromised the personal information of 484,147 Pennsylvanians.
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