While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
AT&T data breaches exposed about 280,000 U.S. customers' names and full or partial Social Security numbers, the government said.
The company agreed to pay a $25 million civil penalty to settle an Federal Communications Commission investigation into the consumer privacy violations, the agency said Wednesday.
The breaches occurred at call centers used by AT&T in Mexico, Colombia, and the Philippines when employees accessed sensitive customer data without adequate authorization. Those employees took payment from third parties who were apparently interested in customer names and Social Security numbers so they could unlock stolen cell phones for sale on secondary markets, the FCC said.
The investigation found that three call center employees in Mexico accessed more than 68,000 accounts without authorization, so the third parties could submit more than 290,000 unlock requests through an AT&T online portal, the agency said. Over the course of the investigation into that breach, the FCC also discovered that approximately 40 company employees in the Philippines and Colombia had accessed about 211,000 customer accounts for the same illicit purposes.
"As the nation's expert agency on communications networks, the Commission cannot—and will not—stand idly by when a carrier's lax data security practices expose the personal information of hundreds of thousands of the most vulnerable Americans to identity theft and fraud," FCC Chairman Tom Wheeler said in a press release.
As part of its settlement with the FCC, AT&T agreed to notify all customers whose accounts were improperly accessed, and to pay for credit monitoring services for those customers affected by the breaches in Colombia and the Philippines, the agency said.
The telecom also assented to improving its security practices and regularly filing compliance reports to the FCC, according to the release.
"Protecting customer privacy is critical to us. We hold ourselves and our vendors to a high standard," an AT&T spokesman told CNBC.
He added that the company is terminating some of its vendor sites "as appropriate." AT&T has changed some security policies and is reaching out to affected customers to provide additional information, he confirmed.
—CNBC's Ryan Ruggiero contributed to this report.