Extract from Levi Sumagaysay’s article “Yahoo might owe you money: It agrees to pay $85 million in data-breach settlement”
Yahoo must pay $85 million and provide free credit monitoring to 200 million people as part of a settlement of what is believed to be the biggest data breach ever.
The onetime internet giant, which is now owned by Verizon, has reached a settlement in a class-action lawsuit over the 2013 and 2014 hacks. The company did not disclose the breach, which affected about 1 billion accounts, until 2016. The hacks exposed user names, email addresses, phone numbers, birthdates, scrambled passwords and security questions and answers.
