Yahoo agrees $50M settlement package for users hit by massive security breach

Yahoo agrees $50M settlement package for users hit by massive security breach

6 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/10/23/yahoo-agrees-50m-settlement-package/

One of the largest consumer internet hacks has bred one of the largest class action settlements after Yahoo agreed to pay $50 million to victims of a security breach that’s said to have affected up to 200 million U.S. consumers and some three billion email accounts worldwide.

In what appears to be the closing move to the two-year-old lawsuit, Yahoo — which is now part of Verizon’s Oath business [which is the parent company of TechCrunch] — has proposed to pay $50 million in compensation to an estimated 200 million users in the U.S. and Israel, according to a court filing.