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Technology Yahoo Could Owe You Up to $358 for Data Breaches. Here’s How to File Your Claim

01:00  16 october  2019
01:00  16 october  2019 Source:   time.com

Yahoo data hack: How to claim your cash settlement

  Yahoo data hack: How to claim your cash settlement If your Yahoo account was hacked between 2012 and 2016, you could get money for your time and losses as a result of a breach.The breaches ranged in scope from two in 2012 where Yahoo said no data was taken, to a 2013 breach where hackers were able to gain access to all of the more than 3 billion Yahoo accounts and steal names, email addresses, telephone numbers, birth dates, passwords and answers to security questions.

You could be owed up to $ 358 . In 2016 Yahoo confirmed two data breaches —one in August 2013 after an unauthorized third party stole “ data associated with more than one How do you file a claim ? Yahoo users who were affected by the breaches can either fill out a form on the settlement website

Yahoo said if you had a Yahoo account between Jan. 1, 2012, and Dec. 31, 2016, or were sent a notice about the data breaches in 2016 or 2017 You can also file a claim to be compensated for up to 15 hours of your time spent recovering from a breach . A refund up to 25 percent of the amount

After multiple data breaches that affected up to 3 billion Yahoo accounts, the company has reached a $117.5 million class-action settlement, offering those affected up to $358 in payouts (though likely much less.)

a sign on the side of a building: Yahoo corporate offices and headquarters in Sunnyvale, California© Lisa Werner-Editorial/Getty Images Yahoo corporate offices and headquarters in Sunnyvale, California

In 2016 Yahoo confirmed two data breaches—one in August 2013 after an unauthorized third party stole “data associated with more than one billion user accounts,” (which the company later disclosed actually affected all 3 billion Yahoo users) and another in 2014 by an unknown “state-sponsored actor,” that involved at least 500 million usernames and passwords.

Yahoo data hack: How to claim your cash payment

  Yahoo data hack: How to claim your cash payment If your Yahoo account was hacked between 2012 and 2016, you could get money for your time and losses as a result of a breach.The breaches ranged in scope from two in 2012 where Yahoo said no data was taken, to a 2013 breach where hackers were able to gain access to all of the more than 3 billion Yahoo accounts and steal names, email addresses, telephone numbers, birth dates, passwords and answers to security questions.

Here ' s a quick guide to see what you 're owed . If you had a Yahoo email account between 2012 and 2016 — and most likely you did, because you signed up for one over a decade ago and forgot about it — you might be entitled to up to $ 358 .80. Claims need to filed by July 20, 2020. More info is here .

Yahoo said if you had a Yahoo account between Jan. 1, 2012, and Dec. 31, 2016, or were sent a notice about the data breaches in 2016 or 2017 You can also file a claim to be compensated for up to 15 hours of your time spent recovering from a breach . A refund up to 25 percent of the amount

The 2013 breach is believed to be the largest-ever known data breach.

Bank account information and payment card data were not believed to have been targeted in the 2013 hack, the company said. Instead, user account information including names, email addresses, telephone numbers, dates of birth and passwords were likely stolen.

The settlement comes months after a $700 million settlement by the credit bureau Equifax following a 2017 hack that exposed the Social Security numbers of nearly 150 million people.

As part of the Equifax settlement, those affected by the breach were eligible for free credit monitoring and identity theft protection for up to 10 years or an up to $125 payment. However, the amount that claimants receive will likely be dramatically reduced because of the overwhelming number of claims filed.

Yahoo might owe you $358 or more as part of their data breach settlement

  Yahoo might owe you $358 or more as part of their data breach settlement That email they sent you is legit. If you had a Yahoo account between 2012 and 2016, you could be eligible for a settlement claim as the result of a data hack.The breaches ranged in scope from two in 2012 where Yahoo said no data was taken, to a 2013 breach where hackers were able to gain access to all of the more than 3 billion Yahoo accounts and steal names, email addresses, telephone numbers, birth dates, passwords and answers to security questions.

The settlement is for the largest data breach in history. As USAToday points out, though the max a person can get in the settlement is $ 358 , people will likely get far less than that. The easiest way to file a claim is to do so via the website. However, you can also email Yahoo at

Equifax data breach : How to claim up to 5 with the FTC settlement. Yahoo Might Owe You Money After a Data Breach Settlement . How to check if Yahoo owes you $ 358 . You could be entitled to a portion of a huge Yahoo might owe you money: It agrees to pay million in data - breach

How do you file a claim?

Yahoo users who were affected by the breaches can either fill out a form on the settlement website, yahoodatabreachsettlement.com, email at info@yahoodatabreachsettlement.com or call 1-844-702-2788 to have a form mailed to them.

The settlement administrator has also posted an instructional video to YouTube that offers help filling out claim forms.

Those seeking claims have until July 20, 2020, to file a claim.

Who is eligible for a claim?

According to the settlement, anyone who received a notice about the data breaches, or had a Yahoo account at any time between January 1, 2012, and December 31, 2016 and was a resident of the United States or Israel is eligible to file a claim.

The settlement is offering two years of free credit monitoring services by AllClear ID. Those who already have credit monitoring services can sign up for additional protection.

If Yahoo users can verify that they already have a credit monitoring service that they will keep for at least one year, they can submit a claim for a cash payment of $100 instead.

Depending on how many people sign up for the settlement, the payout could be less than $100, or as high as $358.80.

Additionally, Yahoo users who can provide proof they suffered out-of-pocket losses or loss of time from the data breaches are eligible for up payouts of to $25,000 in reimbursement.

The settlement will not be approved until a final hearing in the California courts in April 2020. Until then, no payments or credit monitoring services will be provided.

How to get up to $358 in the Yahoo data breach settlement .
If you had an account with the portal between 2012 and 2016, you could be eligible for cash or free credit monitoring , according to the settlement website. However, that amount isn't guaranteed — it depends on how many people end up filing claims. That's similar to this year's Equifax breach settlement, which dangled a cash payment of $125 to those who had been affected by its massive privacy breach. But the $125 payment was based on a relatively small number of claims, and that amount could be reduced if more people signed up than expected.

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