Slap on the Wrist: Yahoo Agrees to Pay $50 Million for Biggest Security Breach in History – IOTW Report

Slap on the Wrist: Yahoo Agrees to Pay $50 Million for Biggest Security Breach in History

Breitbart: Yahoo will pay $50 million in damages and offer two years of free credit-monitoring services to 200 million users whose email addresses and other personal information were stolen as part of the biggest Internet security breach in history, which affected up to three billion accounts worldwide.

The restitution hinges on federal court approval of a settlement filed late Monday in a 2-year-old lawsuit seeking to hold Yahoo accountable for data theft that occurred in 2013 and 2014, but weren’t disclosed until 2016.

It adds to the financial fallout from a security lapse that provided a mortifying end to Yahoo’s existence as an independent company and former CEO Marissa Mayer’s six-year reign.  more here

3 Comments on Slap on the Wrist: Yahoo Agrees to Pay $50 Million for Biggest Security Breach in History

  1. I want Credit / ID Protection for life.
    2 years is a joke I will always have the same ID info once it reaches the Internet the threat of compromise lives forever.

    Shouldn’t they be required to fix what they broke and remain quiet about for months? Like protection for those that were and maybe compromised for as long as they live?

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  2. First time yahoo went out of control was when some congressdouche’s douchey son broke into Palin’s yahoo account. Right after that, yahoo was getting hit left and right with data breeches. Maybe yahoo shouldn’t be in the bidness anymore.

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