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Yahoo says claimants can receive two years of credit monitoring from AllClearID or a cash settlement. Those claims are slated for $100, but the site warns “payment for such a claim may be less than $100.00 or more (up to $358.80) depending on how many Settlement Class Members participate in the Settlement.”
Under the terms of the settlement, affected consumers or small business could potentially get up to $25,000 in reimbursement if they had out-of-pocket expenses tied to the breach, such as losses or fees incurred as a result of setting up credit monitoring or handling identity fraud.
Yahoo agreed to pay for a settlement fund of $117.5 million, including attorneys fees of up to $30 million. The settlement class includes all US and Israeli residents and small businesses with Yahoo accounts, which is at most 896 million accounts and 194 million people.
Yahoo users can now file a claim for a piece of the $117.5 million class-action settlement related to massive data breaches. If you had a Yahoo account between Jan. The website to file a claim is www.yahoodatabreachsettlement.com, and the deadline to file is July 20, 2020.
That email Yahoo sent you are legit. If you had a Yahoo account between 2012 and 2016, you could be eligible for a settlement claim as the result of a data hack. If you had a Yahoo account any time between 2012 and 2016, you can now take part in a class action settlement to compensate you for losses.
The easiest way to file a claim is to do so via the website. However, you can also email Yahoo at info@yahoodatabreachsettlement.com or call them at 1-844-702-2788 to have a claim form mailed to you. Keep in mind that the deadline for all claims is July 20, 2020.
That email Yahoo sent you are legit. If you had a Yahoo account between 2012 and 2016, you could be eligible for a settlement claim as the result of a data hack. If you had a Yahoo account any time between 2012 and 2016, you can now take part in a class action settlement to compensate you for losses.
Credit monitoring is clearly the better of the two settlement options. Worth at least $1,000, it can alert you if anyone uses your information, and the insurance policy could prove valuable if you become a victim of identity theft or credit card fraud. The cash, on the other hand, is unlikely to provide much value.
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