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Cyber Security

Zappos Offers Users 10% Discount in 2012 Breach Settlement

Zappos will give customers a 10 percent discount to its online store as settlement for a 2012 data breach that affected 24 million customers. Lawyers in the case will win $1.6 million in fees. The news shows customers once again getting the short end of the stick when it comes to financial restitution for data breaches, in which lawyers and government regulators tend to get the biggest payoff. In 2015, the same company settled with attorneys general in nine states over the breach, agreeing to pay out $106,000 to nine states.

Source: https://threatpost.com/zappos-offers-users-10-discount-in-2012-breach-settlement/149311/

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