Does Yahoo Owe You $358 for Security Breaches?

Published October 13th, 2019 - 09:59 GMT
(Shutterstock/ File Photo)
(Shutterstock/ File Photo)
Yahoo has agree to pay damages of $117.5 million to users in US and Israel.

If you had a Yahoo account between 2012 and 2016 you may be eligible for damage payment resulting from a class-action lawsuit filed against the tech giant.  

Some users will be eligible for credit monitoring and identity recovery assistant services from AllClearID, paid for by Yahoo.

Others will be eligible for a cash payment of up to $358.80 to reimburse for credit monitoring services paid out of pocket.  

Yahoo recently reached a settlement in a class action lawsuit filed as a result of the privacy breach and agreed to pay $117.5 million in damages to residents of the US or Israel.

To be eligible for damages, users will have to have either owned a Yahoo account between January 1, 2012 and December 31, 2016, or been sent a notice of data breach from Yahoo between 2016 and 2017.

For those uncertain as to whether they qualify, an administrator website has been established with a contact form for individual queries.

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There are several different criteria used to determine damages.

On at least three instances between 2012 and 2016, hackers breached Yahoo's security measures and gained access to private information connected to its more than 3 billion accounts.

Hackers obtained access to names, email addresses, telephone numbers, calendars, passwords, and a range of other personal information.

People whose identities were stolen and incurred direct expenses as a result will be eligible for reimbursements of up to $25,000.

Those who paid for premium Yahoo accounts or Yahoo Small Business User services can apply for up to a 25 percent refund of subscription fees.

The deadline for submitting a claim form is July 20, 2020.

This article has been adapted from its original source.

© Associated Newspapers Ltd.

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