In the biggest data breach in history, Yahoo was sued by Verizon for $350 million after personal information of over one billion users were breached. The hack has been attributed to two Russian intelligence agents who had access to all of Yahoo’s user accounts before 2013, when they were fired.
The “yahoo data breach settlement website” is the official website for the Yahoo email data breach settlement. The site will provide information on how to submit a claim or object to the settlement.
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NOTE: We are no longer accepting claims involving Yahoo data breaches. If you were harmed as a result of the data breach, you should automatically join the class action lawsuit (but you can opt out if you choose). See “How to Join a Data Breach Class Action Lawsuit” for additional information.
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Yahoo stated in September 2016 that 500 million customers’ data had been compromised in 2014. Names, email addresses, dates of birth, phone numbers, and passwords were among the data.
As if it wasn’t bad enough, Yahoo disclosed a few months later that 1 billion customers’ data had been taken in August 2013. According to cyber-security experts, the Yahoo theft might set off a chain reaction in which tens of thousands, if not hundreds of thousands, more accounts are compromised.
Our lawyers filed a negligence action against Yahoo shortly after the 2014 hack was disclosed, accusing the company of neglecting to safeguard and alert users. This class of plaintiffs is projected to number in the hundreds of millions, with members from all around the world.
In February 2017, John Yanchunis and Morgan & Morgan were chosen Lead Plaintiffs’ Counsel for the case, which was the biggest class action lawsuit in history, defeating four other firms.
Examine the Order
Yahoo’s actions were “inconceivable,” according to the company.
“It’s inconceivable that Yahoo either failed to detect the breach for two years, or that it knew about the breach in 2014 and intentionally disregarded consumer privacy interests and breach notification laws by failing to inform consumers of the breach for two years,” Mr. Yanchunis said of the Yahoo data breach.
Most jurisdictions, including California, have laws mandating firms to notify customers of data breaches within 30 days of their discovery.
Mr. Yanchunis said the lawsuit would seek tighter cybersecurity measures from Yahoo “to ensure that this never occurs again” during a news conference held after he was chosen Lead Counsel. Furthermore, the case will seek damages for people who have incurred financial losses as a consequence of the breach.
When asked how much the damages may be worth, Mr. Yanchunis said it’s too early to determine, but it’ll most likely be in the hundreds of millions of dollars.
He said, “It will be substantial.”
It Was Important to Have Previous Data Breach Experience
Judge Koh considered the following factors while selecting Lead Counsel for the biggest class action in history:
- “Experience and knowledge in complicated litigation, such as class actions, data breaches, and/or privacy disputes”
- “Willingness and willingness to devote time to a lengthy procedure”
- “The ability to collaborate and operate well with others”
- “Attainment of adequate resources to pursue the case in a timely manner”
- “Dedication to putting the interests of the supposed class first”
Mr. Yanchunis’ victory may have been sealed by the first criteria, experience. He and Morgan & Morgan were previously involved in the Home Depot Inc. and Target Corp. data breach lawsuits. The Home Depot and Target claims were resolved for $19 million and $10 million, respectively.
Yahoo is being questioned by Congress.
On January 31, 2017, Yahoo organized a congressional staff conference to presumably share further data about the incident to members of Congress. However, Yahoo abruptly canceled the conference on January 28, drawing a sharp censure from Congress, including Senators John Thune (R-SD) and Jerry Moran (R-KS).
Senators Thune and Moran, who chair the Committee on Commerce, Science, and Transportation (Thune) and the Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security (Moran), respectively, issued a letter seeking further information from Yahoo CEO Marissa Mayer. Five questions were asked at the end of the letter:
- “How many users are affected by both the 2013 and 2014 incidents?” Please outline Yahooattempts !’s to identify these individuals and notify them.”
- “What sort of data does Yahoo! feel has been compromised as a result of the aforementioned incidents?” Is there any sensitive personal information in the data?”
- “Has Yahoo! made any measures to detect and mitigate any customer damage as a result of these incidents?”
- “In the aftermath of these breaches, what efforts has Yahoo! done to restore the integrity and security of its systems?”
- “Please provide a detailed timeline of these incidents, including Yahooinitial !’s discovery of a potential compromise of its user information, forensic investigation and subsequent security efforts, notifications to law enforcement agencies, and any notification to affected consumers, in addition to answering these questions.”
Senators demanded that Ms. Mayer respond to these inquiries by February 23, 2017, although it is unclear if she did so.
If not, it may be necessary to conduct a trial to get the answers.
How to Safeguard Yourself Against Data Breach
Using a secure and unique password for each account or website is the best approach to protect yourself against data breaches in general. (Apps like LastPass can help you keep track of them.) Don’t reuse passwords or keep using the same one for years. Make your password anything other than your birthday, such as “Password123” or “dadada.”
While feasible, use multi-step verification and cover your PIN when entering it at shops or ATMs. In the case of a breach, all of these safeguards may help protect you and your identity.
Eligibility for a Data Breach Lawsuit
You will automatically be a member of this class if you were affected by the Yahoo data hack, and you will not need to sign up to join the case.
Keep an eye on ClassAction.com to be informed about data breaches that may harm you.
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The “yahoo settlement payout date 2021” is when the Yahoo email data breach lawsuit will be settled. The settlement will result in a payout of $16,000,000 to affected users.
Frequently Asked Questions
Is Yahoo data breach settlement real?
A: I am unable to answer this question at the moment.
How do I claim a Yahoo settlement?
A: To claim a Yahoo settlement, you need to call the number on your settlement letter. You will be required to provide some personal information and verify that it is actually for you by comparing this with the name listed in phone records or previous correspondence.
Is the Yahoo class action lawsuit legitimate?
A: The Yahoo class action lawsuit is legitimate.
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