Yahoo Data Breach Settlement 2024 is a significant event for many people. If you were affected by the Yahoo data breach, you might be eligible for a settlement. This article explains everything you need to know about the settlement, including payment dates, amounts, and eligibility.
The Yahoo Data Breach Settlement 2024 involves a case filed against Yahoo! Inc. and Aabaco Small Business. This case is about data breaches between 2016 and 2018 and another from 2012 to 2019. Millions of users’ personal data were compromised. The lawsuit was filed in the United States Federal Court in July 2020.
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Summary of Yahoo Data Breach Settlement 2024
| Aspect | Details |
|---|---|
| Case Filing | July 2020 |
| Affected Period | 2012-2019 |
| Claimants | 15 million citizens |
| Settlement Fund | $60 million |
| Additional Penalty | $2.5 million |
| Final Application Deadline | 31st March 2024 |
| Credit Monitoring Duration | 2 years |
| Maximum Individual Payout | $25,000 |
| Small Business Support | $500 |
Class Action Payment Dates 2024
The case was filed in July 2020. A verdict in December 2022 ordered Yahoo to pay penalties for user data breaches. Yahoo has set aside $60 million for claimants and is required to pay an additional penalty of $2.5 million. The deadline for claim applications is 31st March 2024. As of December 2022, about 147 million people have filed lawsuits against Yahoo.
Settlement Amount Details
Class members will receive two years of identity theft protection through credit monitoring. Those not opting for credit monitoring could receive $100 to $358. Claimants with solid evidence of data breaches may receive up to $25,000. Small businesses affected will get an additional $500.
Eligibility Criteria for Claimants
To be eligible, claimants must have used Yahoo services from 2012 onwards. They need to provide account details and other necessary information for the lawsuit. Small business owners must submit their company documents. The settlement website offers different claim categories for individuals and businesses.
Key Dates to Remember
Remember these critical dates: The final claim application deadline is 31st March 2024. For out-of-pocket claims, the deadline was 22nd January 2024. Make sure to check your eligibility and file your claim before the deadline.
How to Apply for the Settlement
To apply for the settlement, visit the official Yahoo Data Breach Settlement website. Check your eligibility and choose the appropriate claim category. Ensure you have all necessary documents and information.
Protecting Your Data in the Future
This settlement highlights the importance of data protection. Always secure your personal and business data. Use strong passwords and be cautious about sharing sensitive information online.
Frequently Asked Questions
What is the Yahoo Data Breach Settlement 2024?
The Yahoo Data Breach Settlement 2024 involves compensation for users affected by data breaches between 2012 and 2019.
How much is the settlement amount?
Yahoo has allocated $60 million for claimants, with individual payouts up to $25,000.
Who is eligible for the settlement?
Users of Yahoo services from 2012 onwards who can provide necessary lawsuit details are eligible.
What is the deadline to apply for the settlement?
The final deadline for claim applications is 31st March 2024.
The Yahoo Data Breach Settlement 2024 offers a chance for affected users to get compensated. Ensure you meet the eligibility criteria and apply before the deadline. Protect your data to avoid such situations in the future.
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