There is an ongoing debate about how companies should report and deal with these cyber attacks, and Congress has now introduced several cyber security focused bills. Lawmakers have argued about how companies should deal with cybersecurity breaches for years.
The 2021 data breach marks the fifth time that T-Mobile has suffered a cyber attack since 2018. This is significant when you consider that T-Mobile has hundreds of millions of consumers with personal information that could potentially be compromised. Some of the cyber attacks against T-Mobile have been more serious than others.
Many cybersecurity experts and analysts criticized the way that Equifax dealt with the cybersecurity breach. They also pointed out that Equifax has dealt with previous data breaches, and should have taken more steps to safeguard consumer information. Equifax apparently knew about the cybersecurity breach in July 2017.