The Yahoo data breach settlement Reddit has ringed the ears of account holders. Are you one of them? If so, how would you know? How can you file your settlement?
Yahoo Data Breach Settlement Reddit
Yahoo users received an email containing the information of the Yahoo Data Breach Settlement. If you are one of them, have you been wondering if that email was legit?
The straight answer is: Yes, it was legit.
I. What Happened?
Yahoo has been hit by a data breach for a number of years. That was sometime in 2012 until 2016. It was stated that the first attack happened in 2012. But according to Yahoo, during the first attack, no information was taken.
However, the following attack happened in the following year, 2013. Moreover, this time, hackers successfully obtained more than 3 billion Yahoo accounts’ information.
For instance, personally identifiable information (PII) of Yahoo account holders were taken. Namely, the following:
- Registered Names
- Email Addresses
- Contact Numbers
- Birth Dates
- Answers to Account’s Security Questions
In addition, calendars and contact lists of account holders were also taken. All of these happened in probably three separate attacks.
Because of this, Yahoo took responsibility for people’s information. They filed a $117,500,000 settlement fund.
II. How Will I Know If I Am Part Of The Settlement?
Yahoo account holders during the period of data breach attack are eligible to receive their settlement claim. Specifically, accounts from January 01, 2012, to December 31, 2016. However, this is confirmed if you were able to receive an email as a notice for the breach.
Also, it is noteworthy to make it clear that accounts from the United States and Israel are the ones included in the settlement.
In addition, the following are more qualifying Yahoo accounts:
- Yahoo Fantasy Sports
- Yahoo Finance
If you believe you are part of the settlement, you can confirm it by contacting the settlement administrator of Yahoo. On the other hand, you can also opt not to take part in it.
III. I Am Qualified, How Can I File The Claim?
This depends on whichever account under Yahoo you do have.
For example, the following account holder types can submit their claims.
- Basic account
- Paid User
- Small business user
- Israeli citizen user (must submit a separate claim form)
As mentioned, Yahoo assigned a settlement administrator. You can gain access to this through their assigned website. On the site, different account holders have different filing forms. Kindly fill-up the form according to your account.
Yahoo Settlement Website: yahoodatabreachsettlement.com
IV. How Much Should I Expect To Receive?
On the other hand, claim amounts depend on the type of account you have with Yahoo.
- You will receive a cash payment between less than $100 to a max of $358. This is for those who have credit monitoring and protection services
- Refund of up to 25% for the premium account holders.
- Refund of up to 25% for Yahoo Small Business User email service. Plus a cap of $500 per year.
V. When Is The Deadline For Filing Claim?
You can choose between 2 ways of filing claims. That would be either postmarked or online (within their website). Moreover, submission is due by the 20th of July, 2020.