T-Mobile’s takeover of Sprint is the origin of today’s $60 million penalty.
Evidently, the German-controlled telecom did not comply with these requirements.
These failures “delayed CFIUS' efforts to investigate and mitigate any potential harm to U.S. national security.”
The fact that these leaks occurredat allmay have also contributed to CFIUS' decision.
But the data leaks in question had little to do withconsumerdata.
It’s interesting to see that these data security failures have produced such a strong federal response.
For reference, T-Mobile has disclosedninedata breaches since 2018.
The impact of this penalty on the telecom’s security practices is currently unknown.
That said, CFIUS seems to be ramping up its enforcement policy.
Source: CFIUS viaReuters,Bloomberg
