Yahoo agreed to pay a $50 million settlement and provide two years of credit monitoring services to 200 million people whose information was compromised in the 2013-2014 breach.The incident wasn’t reported until 2016 and Yahoo has agreed to pay a portion of the settlement to compensate account holders with issues arising from the breach at a rate of $25 per hour for time spent dealing with issues arising from the incident, according to the San Francisco Gate.
Those with documented losses can ask for up to $375 while those who can’t can file claims seeking up to five hours’ worth of compensation for time spent dealing with the breach. Account holders who paid between $20 and $50 annually for a premium email account will be eligible for a 25 percent refund.
In addition to the settlement, Altaba Inc., a company set up to hold Yahoo’s investments in Asian companies and other assets, has already paid a $35 million fine to the Securities and Exchange Commission for the delay in disclosing the breach.
The open cameras may cause unauthorized access at data centers, break-ins at offices and retail stores, and privacy issues for home users and employees.
Mastery Schools, the leading charter school network in Philadephia, has disclosed that data from 37,031 individuals had been compromised in a ransomware attack last September, which the DragonForce ransomware gang claimed to have led to the theft of 171 GB of data, Infosecurity Magazine reports.
Attackers who breached the state's CRIS using a compromised account, which has since been taken down, were able to exfiltrate data, including names, driver's license numbers, license plate numbers, car insurance policy numbers, and addresses, as well as details on crash-related injuries and incident narratives.
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