Canadian residents who held Yahoo or Rogers accounts between January 1, 2012, and December 31, 2016, may qualify for compensation as part of a $20 million data breach settlement.
According to a press release from Charney Lawyers, eligible individuals who did not opt out of the class action can claim up to $375 or select credit monitoring services for up to one year. Additional reimbursements for out-of-pocket costs, up to $25,000, are also available.
Yahoo and Rogers Communications have denied any wrongdoing or liability in the matter. Rogers’ involvement stems from its partnership with Yahoo in Canada.
Settlement Details:
Eligible customers can receive up to $125 per data breach, with a maximum of $375.
Credit monitoring services for up to one year are offered as an alternative to monetary compensation.
Customers can claim up to 25% of costs for Yahoo premium services, such as advertisement-free email or Yahoo/Aabaco Small Business services.
Reimbursement for out-of-pocket expenses is capped at $25,000.
“Time is running out to claim cash reimbursement from a $20MM settlement. Yahoo! and Rogers account holders in Canada have until December 27 to claim settlement benefits relating to Yahoo! data breaches occurring between 2013 and 2016,” Charney Lawyers stated.
The settlement follows two significant data breaches:
August 2013 Breach: A cyberattack compromised approximately three billion accounts worldwide, including the personal data of about five million Canadians. The stolen information included names, email addresses, telephone numbers, dates of birth, and passwords. Yahoo only became aware of the attack in November 2016.
November/December 2014 Breach: Information from 500 million accounts was accessed by hackers. Although Yahoo became aware of the breach shortly after it occurred, the company delayed public disclosure until September 2016.
Eligible individuals are encouraged to file their claims before the December 27 deadline to benefit from the settlement.