The data breach that affected all 3 billion Yahoo accounts beginning in 2013 is getting a bit of closure this week, with a settlement agreement between Yahoo and the Northern District Court of California (via Engadget). In the settlement, Yahoo has agreed to put $50 million into a fund for victims of the breach, provide two years of credit monitoring from AllClear, and a few other benefits for victims. The settlement is still awaiting court approval.

yahoo
Those users who spent time addressing the damage from the breach, and can show documentation that they were affected, will be able to file a complaint. The filing requires users to prove documented losses of time measured in hours, and victims can be awarded $25 per hour for up to 15 hours at a maximum of $375. If the user does not have proof of lost time, they are eligible for up to five hours of compensation reaching $125. Those who paid for a premium Yahoo email account will be able to request a 25 percent refund.

In September 2016, Yahoo first disclosed a 2014 hack in which "at least" 500 million Yahoo accounts were compromised. In December 2016, Yahoo then disclosed a second major hack that affected more than one billion accounts in August 2013 -- the case that this settlement is addressing. Yahoo's new parent company Verizon then explained in October 2017 that all three billion Yahoo accounts that existed at the time were affected in the 2013 hack.

Information stolen from affected accounts in the 2013 data breach included names, email addresses, telephone numbers, birth dates, hashed passwords, and both encrypted and unencrypted security questions and answers. Clear text passwords, bank account information, and credit/debit card information were not believed to have been accessed in the attack.

Verizon said in a statement last year, "We proactively work to ensure the safety and security of our users and networks in an evolving landscape of online threats," further iterating that Yahoo will now "benefit from Verizon's experience and resources" in the field of privacy and security.

Tag: Yahoo

Top Rated Comments

keysofanxiety Avatar
36 months ago
So that's $0.016 per victim. If you were subject to this breach and win some money, try not to spend it all at once.
Score: 12 Votes (Like | Disagree)
OldSchoolMacGuy Avatar
36 months ago
Talk about a micro fine for the largest breach in history.
Score: 3 Votes (Like | Disagree)
now i see it Avatar
36 months ago
Problem is... There's no way to know or prove for certain that an identity theft incident was the result of the yahoo breach. Nobody is going to be able to prove that their identity got stolen because of this.

And how is anyone going to prove they lost so many hours trying to rectify the identity theft. Impossible.

This settlement is rediculous.
Score: 3 Votes (Like | Disagree)
HiRez Avatar
36 months ago
Does reading this article count as "looking into the problem"? I'll read real slow.
Score: 3 Votes (Like | Disagree)

Top Stories

REC ASA CODE2016 20160601 205816 2745

Elon Musk Reportedly Demanded to Become Apple CEO as Part of Potential Tesla Acquisition [Update: Musk Denies]

Friday July 30, 2021 9:04 am PDT by
Tesla CEO Elon Musk reportedly once demanded that he be made Apple CEO in a brief discussion of a potential acquisition with Apple's current CEO, Tim Cook. The claim comes in a new book titled "Power Play: Tesla, Elon Musk and the Bet of the Century," as reviewed by The Los Angeles Times. According to the book, during a 2016 phone call between Musk and Cook that touched on the possibility of ...
General Apps Messages

Android iMessage Competitor Puts Pressure on Apple

Friday July 30, 2021 3:15 am PDT by
Google and the three major U.S. carriers, including Verizon, AT&T, and T-Mobile, will all support a new communications protocol on Android smartphones starting in 2022, a move that puts pressure on Apple to adopt a new cross-platform messaging standard and may present a challenge to iMessage. Verizon recently announced that it is planning to adopt Messages by Google as its default messaging...
Apple watch series 5 new case material made of titanium 091019

Titanium Apple Watch Series 6 Models Currently Widely Unavailable

Sunday August 1, 2021 6:21 am PDT by
Models of the Apple Watch Series 6 with titanium cases part of the "Apple Watch Edition" collection is currently widely unavailable for pick-up in several of Apple's retail stores in the United States and is unavailable entirely for delivery in major markets. Noted by Bloomberg's Mark Gurman in the latest edition of his "Power On" newsletter, titanium models of the Apple Watch Series 6,...
ifixit iphone12 mini

Apple to Make Space for Larger Batteries in iPhones, iPads, and MacBooks By Adopting Slimmer Peripheral Chips

Monday August 2, 2021 2:12 am PDT by
For future iPhones, iPads, and MacBooks, Apple plans to use smaller internal components in an effort to increase the size of the device's battery, according to DigiTimes. Image Credit: iFixit Specifically, Apple plans to "significantly increase the adoption" of IPDs or integrated passive devices for the peripheral chips in its products. These news chips will be slimmer in size and allow for...
Flat 2021 MacBook Pro Mockup Feature

Unreleased Apple Macs and Apple Watches Listed in Eurasian Database Ahead of Fall Product Launches

Monday August 2, 2021 9:34 am PDT by
Apple is preparing for a slew of fall product launches according to new filings that showed up today in the Eurasian Economic Commission database. There are listings for new Mac and Apple Watch models, all of which have previously unknown model identifiers that indicate that they're upcoming devices. There are six new Apple Watch identifiers, including A2473, A2474, A2475, A2476, A2477, and...
a15 chip

iPhone 13 and Redesigned MacBook Pro Chip Production Hit With Gas Contamination

Friday July 30, 2021 5:44 am PDT by
The most important TSMC factory that manufactures Apple's chips destined for next-generation iPhone and Mac models has been hit by a gas contamination, according to Nikkei Asia. The factory, known as "Fab 18," is TSMC's most advanced chipmaking facility. TSMC is Apple's sole chip supplier, making all of the processors used in every Apple device with a custom silicon chip. Industry...
iPhone 13 Wi Fi 6E feature update

Wi-Fi 6E Explained: What It Could Mean for iPhone 13 and Beyond

Monday August 2, 2021 8:00 am PDT by
The iPhone 13 is widely expected to come with Wi-Fi 6E capabilities, and while it may seem rather nuanced to the average consumer, with only improved speeds and being "up to date" in the realm of Wi-Fi technology, it's actually a fairly significant improvement, laying the groundwork for much of what we know the future holds. To truly understand Wi-Fi 6E, MacRumors sat down for an exclusive...
youtube premium lite

YouTube Tests Cheaper 'Premium Lite' Subscription for Ad-Free Viewing

Monday August 2, 2021 3:22 am PDT by
YouTube is piloting a new cheaper subscription tier in Europe called "Premium Lite," which offers ad-free viewing minus YouTube Premium's other features. First spotted by a user on ResetEra and subsequently confirmed by Google, the "Lite" plan means users who aren't interested in offline downloads or background playback can still enjoy YouTube videos on web and mobile app without being...
iPhone 13 Always On Feature

iPhone 13 to Bring Over a Major Feature From the Apple Watch

Wednesday July 28, 2021 2:21 am PDT by
Apple's upcoming iPhone 13 lineup will feature an always-on display akin to the Apple Watch Series 5 and Series 6, according to recent reports. In his weekly Power On newsletter, Bloomberg journalist Mark Gurman, who often reveals accurate insights into Apple's plans, said that the iPhone 13 may feature an Apple Watch-inspired always-on mode. The Apple Watch Series 5 and Apple Watch...
COVID19 Digital Wallet Apple Wallet

Australian Government Now Offering COVID-19 Digital Vaccination Certificates for Apple Wallet

Monday August 2, 2021 12:04 am PDT by
The Australian government has introduced support for adding COVID-19 vaccination digital certificates to Apple Wallet via the Express Plus Medicare app on iOS. Image credit: Tap Down Under As spotted by Tap Down Under, users who have received two doses of either the AstraZeneca or Pfizer vaccine now have access to the digital certificate through their Medicare online account or via the Medica...