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Yahoo agrees to pay $50 million to customers affected by biggest security breach in history

The now-defunct Yahoo has reached a $50 million settlement with 200 million U.S. residents whose personal data was stolen in the biggest known data breach in history. Customers will also get two years worth of free credit monitoring from AllClear. The breach not only marked the end of Yahoo as an independent company, it shaved hundreds of millions off the sale price to telecommunications giant Verizon. Verizon will pay half of the settlement cost, while rest will be taken care of by Altaba Inc., which holds Yahoos investments.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/yahoo-agrees-to-pay-50-million-to-customers-affected-by-biggest-security-breach-in-history/

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