Press "Enter" to skip to content

You might be able to get up to $100 from the settlement for Yahoo’s data breaches

Yahoo famously suffered numerous data breaches from 2012 to 2016 (including one in 2013 that affected all 3 billion of its users), and the company is informing users that they can now submit claims for either credit monitoring or cash compensation as part of a proposed class action lawsuit settlement. Yahoo says if you had a Yahoo account anytime between 2012 and 2016 and are a resident of the US or Israel, the class action settlement may affect you.

The total amount of the settlement fund is $117.5 million, up from a proposed $50 million settlement that was rejected by a judge. Yahoo will use that settlement fund to pay for:

If you want to file a claim, you can find the forms right here. You must submit your claim online or by mail by July 20th.

But before you get too excited, just remember the Equifax situation; if a ton of people go through this process and opt for the cash payment, you’re not getting anything close to $100.

In addition to the 2013 breach that affected 3 billion Yahoo users, this proposed class action lawsuit also covers a 2014 “state-sponsored” hack that affected more than 500 million accounts, a 2012 “data security intrusion” (though Yahoo says there is no evidence that user credentials, email accounts, or contents of emails were taken from that), and a breach that lasted from 2015 to September 2016 where hackers were able to gain access to approximately 32 million Yahoo email accounts.

Related

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *