Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
Yahoo famously suffered numerous data breaches from 2012 to 2016 (including one in 2013 that affected all 3 billion of its users), and the company is informing users that they can now submit claims for either credit monitoring or cash compensation as part of a proposed class action lawsuit settlement. Yahoo says if you had a Yahoo account anytime between 2012 and 2016 and are a resident of the US or Israel, the class action settlement may affect you.
The total amount of the settlement fund is $117.5 million, up from a proposed $50 million settlement that was rejected by a judge. Yahoo will use that settlement fund to pay for:
- A minimum of two years of credit monitoring for individual users
- A cash payment of $100 to users who can prove…