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meerkt
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Yahoo breaches settlement

Fri Sep 06, 2019 8:10 pm

Apparently people are eligible for more than credit monitoring:
https://yahoodatabreachsettlement.com/

Scanning the details superficially, the above can be exchanged for $100 (or more, or less) "alternative compensation". Additionally "out of pocket costs", "loss of time", and more.
The settlement class representatives get: $2.5 - 7.5K.
Lawyers: $32.5M, tentatively.
Settlement fund: $117.5M. Not sure why the nominal per-person alternative compensation is $100, considering the overall fund is supposed to cover probably way more than 1 million people.
Last edited by meerkt on Sat Sep 07, 2019 3:48 pm, edited 1 time in total.
 
TurtlePerson2
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Re: Yahoo breaches settlement

Sat Sep 07, 2019 12:27 pm

I filed a claim. I actually had real losses from the breach. I had some eBay gift cards which had codes sent to my Yahoo e-mail. After the breach they had been used. Since the seller was reputable (eBay itself), the only explanation could be that it was related to the breach.

My bigger loss was related to Yahoo was that I own stock in Verizon and the foolish management at Verizon thought that Yahoo was worth purchasing. Verizon wasted more than $4B buying Yahoo, even after the news of the breach came to light. I guess they were trying to make us all forget about buying AOL with an even worse decision. They're slowly writing off the Yahoo assets as they come to the same conclusion as everyone else, that they're worthless.
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Heiwashin
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Re: Yahoo breaches settlement

Sat Sep 07, 2019 2:21 pm

TurtlePerson2 wrote:
I filed a claim. I actually had real losses from the breach. I had some eBay gift cards which had codes sent to my Yahoo e-mail. After the breach they had been used. Since the seller was reputable (eBay itself), the only explanation could be that it was related to the breach.

My bigger loss was related to Yahoo was that I own stock in Verizon and the foolish management at Verizon thought that Yahoo was worth purchasing. Verizon wasted more than $4B buying Yahoo, even after the news of the breach came to light. I guess they were trying to make us all forget about buying AOL with an even worse decision. They're slowly writing off the Yahoo assets as they come to the same conclusion as everyone else, that they're worthless.


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meerkt
Graphmaster Gerbil
Topic Author
Posts: 1434
Joined: Sun Aug 25, 2013 2:55 am

Re: Yahoo breaches settlement

Sat Sep 07, 2019 3:43 pm

TurtlePerson2 wrote:
I filed a claim.

Two open questions:
How much you're actually going to get in the end, considering there are a zillion affected people.
And can you trust the settlement management company with your personal details.

Did you add the stock devaluation as "out of pocket costs"? :)

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