US Judge Rejects Yahoo Data Breach Settlement

US Judge Rejects Yahoo Data Breach Settlement

A U.S. judge rejected Yahoo’s proposed settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history, faulting the Internet services provider for a lack of transparency. From a report: In a Monday night decision, U.S. District Judge Lucy Koh in San Jose, California, said she could not declare the settlement “fundamentally fair, adequate and reasonable” because it did not say how much victims could expect to recover. Yahoo, now part of New York-based Verizon Communications, was accused of being too slow to disclose three breaches from 2013 to 2016 that affected an estimated 3 billion accounts. The settlement called for a $50 million payout, plus two years of free credit monitoring for about 200 million people in the United States and Israel with nearly 1 billion accounts.

Read more of this story at Slashdot.

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