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A Yahoo received the bill for the mbadive hacks that he underwent in in 2013 and in 2014 which was published until 2016 and which affected a total of 3,500 million accounts in the world.
The company, now owned by Verizon's Oath, has agreed to pay $ 50 million in damages to those who suffered losses as a result of the theft of their e-mail addresses or 39 other personal information.
The agreement would cover about one billion of the accounts involved. , which belong to about 200 million people in the United States and Israel from 2012 to 2016.
According to the preliminary agreement, the historical operators stated ] accounts will be compensated at a rate of $ 25 per hour for the time lost in solving the problems caused by the breach of security.
Those who have suffered documented losses can apply to until 3 pm. lost time which equates to 375 dollars while those who can not document their losses can claim until five o'clock equivalent to $ 125 .
In addition, the company must cover up to $ 35 million in legal fees related to the case and provide free of charge to users badigned to the United States credit monitoring services during for two years by AllClear.
Small businesses and individuals may also seek compensation for piracy-related losses, including identity theft or late filing, among other things. With respect to those who paid premium accounts from Yahoo! can claim a 25% refund .
If the preliminary agreement is approved by ] Judge Lucy Koh at the hearing scheduled for the following November 29 would terminate the clbad action which started about two years ago.
] Who receives the bill?
Since Yahoo! now, this is part of Oath, the costs of will be split in two between Oath and Altaba the company owning what was left of Yahoo after the acquisition. When Yahoo! revealed the hacks, had already negotiated its sale for $ 4.8 billion with Verizon Communications, so it had to reduce its price to $ 350 million.
imposed a $ 35 million fine on Altaba for years devoted to revealing mbadive data breach to its investors.
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