Yahoo has recently settled a class-action lawsuit after facing multiple data breaches. The deadline to file compensation claims is quickly approaching, and affected individuals are urged to take action.
The tech giant has been under scrutiny since 2013, when it was revealed that over 3 billion user accounts had been compromised in a data breach. This was followed by two more major breaches in 2014 and 2016, affecting millions of users.
The class-action lawsuit was filed in 2016, accusing Yahoo of failing to properly secure its users’ personal information and not disclosing the breaches in a timely manner. After years of legal battles, Yahoo has agreed to pay $117.5 million to settle the case.
Individuals who had a Yahoo account between 2012 and 2016 and were affected by the data breaches are eligible to file a compensation claim. This includes those who had their personal information, such as names, email addresses, and birth dates, compromised.
The deadline to file a claim is July 20, 2020. Those who do not file a claim by this date will not be eligible for compensation. It is important for affected individuals to take action and file a claim in order to receive the compensation they are entitled to.
Yahoo has also agreed to provide two years of credit monitoring services to those who had their information compromised in the data breaches. This service will help monitor for any suspicious activity and provide identity theft protection.
In addition to the financial settlement and credit monitoring services, Yahoo has also agreed to improve its security measures and provide regular security updates to its users.
If you believe you were affected by the Yahoo data breaches, it is important to file a claim before the deadline. For more information and to file a claim, visit the settlement website at www.yahoodatabreachsettlement.com.
