Yahoo agrees to $50 million breach settlement, victims eligible for compensation

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.

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