New York Consumer Law Blog

Friday, October 26, 2018

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.

https://www.mercurynews.com/2018/10/23/yahoo-might-owe-you-money-it-agrees-to-pay-85-million-in-data-breach-settlement/

Visit https://www.annualcreditreport.com/index.action  for free credit reports.  If you notice accounts that do not belong to you, we may be able to help.  Consumers have powerful rights under the Fair Credit Reporting Act.

https://nyconsumerlaw.com/lawyer/Identity-Theft_cp16179.htm


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