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Verizon unit to pay US$4 million US penalty to resolve cybersecurity claims

WASHINGTON: Verizon Business Network Services, a unit of the telecom giant, agreed to pay US$4.1 million to resolve US allegations that it failed to follow required cybersecurity standards, the US Justice Department said. The settlement resolves allegations that a Verizon service which provides federal age ....

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Verizon unit to pay $4 million US penalty to resolve cybersecurity claims, ET Telecom

Verizon said that in 2020 it "proactively identified and disclosed" to the General Services Administration a potential issue with a managed security service that it sells to some federal government agencies. It added that at no time did the potential issue result in a security or data breach. ....

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