AT&T $177M Data Breach Settlement
Analysis based on 6 articles · First reported Nov 12, 2025 · Last updated Dec 15, 2025
The $177 million settlement by AT&T for data breaches will have a direct financial impact on the company, reflecting costs associated with cybersecurity failures and legal liabilities. While the immediate stock price impact might be limited given the settlement was agreed upon in March 2025, it highlights ongoing risks for telecommunications and cloud service providers like Snowflake Inc. regarding data security and customer trust.
AT&T has agreed to a $177 million settlement to resolve multiple lawsuits stemming from two significant data breaches that occurred in 2019 and 2024. The 2019 breach, disclosed in March 2024, exposed personal data including Social Security numbers for 7.6 million current and 65.4 million former AT&T customers. The 2024 breach, disclosed in July 2024, involved hackers accessing phone records from 2022 for approximately 109 million US AT&T customers stored in Snowflake Inc.'s cloud-based data warehouse. Kroll is managing the claims process, allowing affected customers to file for compensation of up to $7,500, with a deadline of December 18, 2025. The settlement allocates $149 million for the 2019 breach and $28 million for the 2024 breach.
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