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Yahoo Breach Victims May Qualify for $358 Payout

Pending approval of the settlement, affected account holders may be eligible for a payout or two years of free credit monitoring.

Yahoo account holders who were among the 3 billion affected in a series of data breaches between 2013 and 2016 could qualify for a cash payout or two years of free credit monitoring.

The settlement is still awaiting approval by the California courts, CNN reports, and the process could take more than a year. If it is approved, Yahoo may divide more than $117.5 million among people whose information (names, email addresses, and passwords) was compromised.

Members of the settlement class had a Yahoo account between Jan. 1, 2012, and Dec. 31, 2016, received a notice about the security incidents, and are residents of the United States or Israel.

Those who qualify may submit claims to yahoobreachsettlement.com and file for a $100 payout if they can prove they use a credit monitoring service that will protect them for at least a year. The final amount may be more – up to $358 – depending on how many people submit claims, though it's expected the payout will be less given the total amount of people affected.

Read more details here.

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