CFIUS Fines T-Mobile $60 Million for National Security Violations

Overview

The Committee on Foreign Investment in the United States (CFIUS) has imposed a $60 million fine on T-Mobile for failing to report data breaches and take appropriate action.

Violations and Mitigation Agreement

The fine stems from T-Mobile's violation of a mitigation agreement related to its $23 billion acquisition of Sprint in 2020. The agreement required T-Mobile to address cybersecurity risks, including reporting data breaches to the government.

However, CFIUS alleges that T-Mobile failed to disclose multiple data leaks and take adequate steps to mitigate the risks posed by these breaches.