**News Flash: AT&T Data Breach Sparks Web3 Debate**

AT&T recently disclosed a data breach in a filing with the SEC, revealing that hackers accessed and copied call logs stored with a third-party cloud provider. While the content of communications wasn't compromised, the breach exposed phone numbers and call records, potentially allowing hackers to identify customers.

Tim Kravchunovsky, CEO of Chirp, argues this highlights the vulnerabilities of traditional Web2 services. He suggests that storing data on the blockchain could have reduced the risk, as blockchain's immutable ledger and real-time threat tracking offer enhanced security. Although not foolproof, Kravchunovsky believes blockchain technology could make such breaches less likely and more transparent.