• T-Mobile Confirms Data Breach, Hackers Pursue Bitcoin

  • T-Mobile confirmed that the company experienced a data breach that exposed the personal information of over 100 million people. In exchange, the hacker wants bitcoin.

    A seller told Motherboard, VICE’s tech reporting outlet, two days ago that they obtained the personal information of over 100 million people via T-Mobile servers. The seller claimed to have compromised multiple T-Mobile servers.

    The data, according to Motherboard, is highly sensitive information that could lead to identity theft. This includes social security numbers, phone numbers, names, physical addresses, and other personal information. According to the hacker, the data is backed up in “multiple places.”

    In the initial ad posted on the underground forum, the hacker requested six bitcoin in exchange for a portion of the data. Around 30 million social security numbers and driver’s licenses are available for download.

    T-Mobile stated in a statement confirming the hack that they are working on the case immediately. “We have been working around the clock to investigate claims that T-Mobile data was improperly accessed. We take customer protection very seriously, and we are conducting an extensive analysis with digital forensic experts to determine the validity of these claims, as well as coordinating with law enforcement.”

    T-Mobile did not provide a confirmed number despite the hacker revealing numbers in the hundreds of millions.

    Everyone is concerned about cyber security.

    As the world becomes more digital, cybersecurity becomes more of a concern. Especially as global regulators view potential security concerns in the crypto industry as a threat to consumers.

    The hacker’s bitcoin request is nothing new in the world of dark web heists. Given Bitcoin’s inherent ability to provide its holders with anonymity, it is an appealing option for those operating undercover. The news of the Colonial Pipeline hack this year also involved crypto-hungry hackers. The United States paid the hackers more than $5 million in cryptocurrency to restore the pipeline’s operations.

    On the other hand, officials used cryptocurrency to entice hackers to provide information on the terrorist activity on the Dark Web.

    The crypto community was rocked this week by news of a $600 million hack on a DeFi network. While the hacker stated that he had no interest in the funds, it did highlight the growing need for high-performance cybersecurity solutions.

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