T-Mobile has been fined $60 million for failing to comply with CFIUS conditions on data protection stemming from its acquisition of Sprint.
The $60 million penalty highlights CFIUS's commitment to ramping up enforcement, ensuring accountability for companies not adhering to their obligations.
T-Mobile attributed the breaches to technical issues from its post-merger integration with Sprint and claims to have reported the breaches in a timely manner.
CFIUS has issued six major penalties recently; none close to T-Mobile's fine, marking a significant escalation in financial penalties for data security failures.
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