CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data

Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data.The Committee on Foreign Investment in the United States (CFIUS) said in an announcement of the enforcement action that T-Mobile committed these violations between August 2020 and June 2021, and the company’s failure to report some incidents delayed the regulator’s efforts to investigate and mitigate any potential harm.The violations came afte ...