AT&T Inc. customers could receive up to $7,500 in a $177 million settlement due to two data breaches affecting millions of customers. The first breach compromised 73 million accounts, while the second exposed call and text records of almost all customers. The settlement is pending approval with a final hearing on December 3. Customers must apply for compensation by November 18. Payouts are expected by year-end, pending any appeals. This settlement underscores the importance of robust data security measures for companies handling sensitive customer information. The final hearing outcome could set a precedent for future data breach settlements.

Read more at Yahoo Finance: AT&T’s $17 Million Data Breach Settlement Offers Payouts Up To $7,500, Here’s How To Claim