Yahoo has agreed to pay $50 million in damages for 200 million people in the US and Israel who had their personal data breached, according to the Associated Press. The company also has to provide users with credit monitoring services for two years. California federal court still has to approve the settlement before the payments can be granted.
In 2013, Yahoo suffered a data breach that affected all three billion user accounts. The next year, it suffered a smaller breach that affected 50 million users. Personal information including names, birthdays, email addresses, encrypted passwords, and even in some cases, security questions and answers were exposed in the breach. Although Yahoo first revealed the two data breaches in 2016, it’s...
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