Yahoo Canada Data Breach Settlement 2024, Check Eligibility to Claim $375 Payment

Canadian residents with Yahoo accounts from 2012 to 2016 may qualify for compensation. The Yahoo Canada Data Breach Settlement offers up to $375 per user. This comes after Yahoo’s alleged failure to protect users’ data.

The Ontario Superior Court approved this class action lawsuit. It addresses multiple data breaches that occurred between 2013 and 2016. These breaches compromised millions of email accounts and internet services.

Yahoo Canada Data Breach Settlement 375

By participating, you can claim compensation for potential harm. You’ll also hold Yahoo accountable for alleged negligence in protecting your information.

Key Takeaways

  • Yahoo Canada faced multiple data breaches between 2013 and 2016, affecting over 500 million accounts.
  • Eligible Canadian residents who had a Yahoo account from Jan. 1, 2012, to Dec. 31, 2016, can claim up to $375 in compensation.
  • Users can claim for time spent mitigating the impact of the breaches and for purchased premium services.
  • The deadline to submit claims for the settlement is December 27th, 2024.
  • Failure to submit claims by the deadline will result in disqualification from receiving any settlement benefits.

Overview of the Yahoo Canada Data Breach Settlement

Yahoo Canada faced a settlement due to data breaches from 2013 to 2016. These breaches affected billions of user accounts worldwide. They exposed sensitive personal information, including names, email addresses, and security questions.

A class-action lawsuit claimed Yahoo’s negligence led to exposed user data. Yahoo denied wrongdoing but agreed to settle. This decision aimed to avoid further litigation and provide consumer protection.

Year Accounts Compromised Information Exposed
2013 500 million Names, email addresses, dates of birth, telephone numbers
2014 1 billion Personal information, security questions and answers
2015-2016 3 billion (revised estimate) Various personal information

Yahoo agreed to pay $50 million in damages. They also offered two years of free credit-monitoring services. The settlement covers about 1 billion accounts in the U.S. and Israel.

Yahoo will pay $37.5 million in lawyer fees. This settlement affects an estimated 200 million people.

Account holders who experienced losses due to the data breach can claim up to $375 for time spent handling losses at a rate of $25 per hour, with complete documentation. Premium Yahoo account holders can also receive a 25% refund of their paid fees.

This settlement shows the importance of strong data security measures. It highlights the consequences for companies failing to protect user information.

The case also reveals a trend in consumer protection regulations. Rules like PIPEDA and GDPR encourage quick breach disclosure. This protects both investors and users.

Timeline of Yahoo Canada Data Breaches

Yahoo’s data breaches from 2013 to 2016 shocked users worldwide. Millions of accounts were compromised, exposing sensitive information. These incidents raised serious concerns about Yahoo’s data protection capabilities.

2013 Breach

In August 2013, Yahoo experienced a massive data breach. It remained undetected for years until December 2016. Over 1 billion user accounts were compromised, exposing names, email addresses, and other sensitive details.

2014 Breach

Another significant breach hit Yahoo in late 2014. Announced in September 2016, it affected about 500 million accounts. Stolen data included names, email addresses, and hashed passwords.

Breach Year Accounts Compromised Data Stolen
2013 1 billion+ Names, email addresses, telephone numbers, dates of birth, security questions and answers
2014 500 million Names, email addresses, telephone numbers, dates of birth, hashed passwords, security questions and answers

2015-2016 Breaches

Yahoo confirmed more data breaches in 2015 and 2016. The exact number of affected accounts remains unclear. These incidents further eroded user trust and raised questions about Yahoo’s security measures.

“As a long-time Yahoo user, I feel betrayed by the company’s failure to protect my personal information. It’s unacceptable that they allowed these data breaches to occur and took so long to disclose them to the public.”

These breaches left users vulnerable to identity theft and phishing scams. The consequences have been far-reaching, affecting millions of people. Yahoo’s delayed response and security lapses have raised serious concerns among its user base.

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Eligibility Criteria for the Settlement

Canadian Yahoo users may be eligible for compensation. This applies to accounts active between January 1, 2012, and December 31, 2016. Affected services include email, fantasy sports, and finance.

  • You are a Canadian resident
  • You had a Yahoo account during the specified period (January 1, 2012, to December 31, 2016)
  • You have not opted out of the class action suit

The settlement covers claims from multiple data breaches between 2013 and 2016. If affected, you may be entitled to compensation. Protect your personal information online by knowing your rights.

As a Canadian resident and Yahoo account holder, I feel it’s crucial to be aware of my rights and the steps I can take to protect my personal information online.

The settlement offers two compensation categories for eligible Canadian residents:

Category Description Maximum Claim Amount
Category A Cash reimbursement for documented costs and time spent mitigating the impact of the data breaches $375 (up to $25,000 per Class Member)
Category B Compensation for wasted time and inconvenience responding to the breaches $375 ($125 for each Data Breach)

Qualified Canadian residents should watch for claim submission details. Stay informed about required documentation to support your eligibility.

Categories of Compensation

The Yahoo Canada Data Breach Settlement offers two main compensation types. These are cash reimbursement for expenses and compensation for wasted time. Understanding these categories helps maximize your potential settlement claim.

Cash Reimbursement for Expenses

You may get cash reimbursement for out-of-pocket expenses within four months of breach notices. This includes time spent dealing with each breach, up to five hours at $25 per hour.

The total cash reimbursement for all three breaches can reach $375. You can also claim 25% reimbursement for premium Yahoo services used between August 2013 and December 2016.

Compensation for Wasted Time and Inconvenience

The settlement acknowledges time wasted due to the data breaches. You can claim up to five hours of wasted time for each breach. This totals a maximum of $375 in compensation ($125 per breach).

Compensation Category Description Maximum Amount
Cash Reimbursement for Expenses Time spent mitigating breach impact (up to 5 hours per breach at $25/hour) and 25% reimbursement for premium services $375
Wasted Time Compensation Up to 5 hours of wasted time per breach at $25/hour $375

As a Yahoo user, I feel that the settlement claim process offers fair compensation for the time and effort I spent dealing with the consequences of the data breaches.

Knowing these compensation categories helps you submit a thorough settlement claim. Your claim should reflect how the Yahoo data breaches affected your life.

Yahoo Canada Data Breach Settlement $375

Eligible Canadian residents can claim up to $375 for the Yahoo Canada data breach settlement. This payout is for those affected by all three breaches with supporting documentation.

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The compensation is split into two main categories. Category A covers cash reimbursement for out-of-pocket expenses and lost time. Category B compensates for wasted time and inconvenience.

  • Category A: Cash reimbursement for out-of-pocket expenses and lost time
  • Category B: Compensation for wasted time and inconvenience

Claimants can get up to $25 per hour for time spent dealing with breach-related issues. The maximum is 15 hours or $375. If you spent 15+ hours addressing problems, you could get the full $375.

It’s important to note that the compensation amount is cumulative across both categories, so you can’t claim $375 for each category separately.

Yahoo also offers free credit monitoring services as part of the settlement. These services usually cost $14.95 monthly or $359 for two years. This adds significant value for affected users.

Category Maximum Compensation
Category A: Cash Reimbursement $375
Category B: Wasted Time and Inconvenience $375
Total Maximum Settlement Payout $375

Premium Yahoo email account holders who paid $20 to $50 yearly have an extra benefit. They might get refunds of up to 25% of their paid fees.

The settlement aims to provide some relief to affected users. It combines cash compensation, credit monitoring, and premium account refunds. While not perfect, it’s a step towards addressing the data breach impact.

How to Submit a Claim

Canadian residents with Yahoo accounts from 2012 to 2016 may be eligible for the Yahoo Canada Data Breach Settlement. You can file your claim online or by mail. Kroll’s Settlement Administration practice handles the claims process efficiently.

Online Claim Submission

The easiest way to submit your claim is through the online form on the settlement website. Visit the site and provide your Yahoo email address. Follow the simple steps to complete your claim submission.

Paper Claim Form

To submit your claim by mail, call 1-866-808-8075 for a paper form. Fill it out carefully and include all required information. Mail the completed form and supporting documents to the provided address.

Required Documentation

When submitting your claim, you’ll need to provide supporting documentation. This may include proof of your Yahoo account during the eligible period.

You might also need receipts for expenses related to the data breaches. Documentation of time spent dealing with the breaches’ consequences may be required.

  • Proof of your Yahoo account during the eligible period (January 1, 2012, to December 31, 2016)
  • Receipts or invoices for any out-of-pocket expenses incurred as a result of the data breaches
  • Documentation of time spent mitigating the impact of the breaches or dealing with the consequences
  • Proof of payment for advertisement-free, premium email, or Yahoo Small Business services during the specified periods

Remember, the more detailed and accurate your documentation, the smoother the claims process will be. If you have any questions or need assistance with your claim submission, don’t hesitate to reach out to the Claims Administrator at 1-866-808-8075.

Providing accurate information and supporting documents ensures efficient claim processing. Kroll’s Settlement Administration team is ready to help eligible Canadian Yahoo account holders.

Deadline for Submitting Claims

Canadian residents affected by Yahoo data breaches from 2013 to 2016 must act quickly. The claim deadline is December 27, 2024, according to court documents. File your claim before this date to get compensation.

You have two options to submit your claim: online or by mail. Complete the online process by December 27, 2024. For mailed claims, ensure they’re postmarked by the deadline.

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Remember, late claims won’t be accepted, no matter the reason.

It’s important to note that claims submitted or postmarked after the deadline will not be accepted, regardless of the reason for the delay.

Here’s a table with key dates for the Yahoo Canada Data Breach Settlement:

Event Date
Claims Period Start January 1, 2012
Claims Period End December 31, 2016
Claim Submission Deadline December 27, 2024

Gather all necessary documents to support your claim. This is crucial as the deadline approaches.

  • Proof of Yahoo account ownership during the relevant period
  • Receipts or invoices for any out-of-pocket expenses incurred due to the data breaches
  • Records of time spent dealing with the consequences of the breaches
  • Documentation of any identity theft or fraud that occurred as a result of the breaches

Submit your claim before the deadline with proper evidence. This ensures you’re eligible for compensation due to the Yahoo data breaches.

Consequences of Not Submitting a Claim

Yahoo Canada users affected by data breaches from 2012 to 2016 must submit claims by December 27, 2024. Missing this deadline means losing out on benefits you’re entitled to receive. It’s vital to act now and file your claim.

Skipping the settlement means giving up your right to opt out or object. You’ll lose the chance for legal action related to Yahoo’s data breaches. Don’t miss this opportunity to hold Yahoo responsible.

Gather your documents and submit your claim early. The settlement offers compensation for time spent dealing with breach consequences. Eligible users should visit the claims website soon to secure their benefits.

FAQ

What is the Yahoo Canada Data Breach Settlement?

The Yahoo Canada Data Breach Settlement stems from a class-action lawsuit against Yahoo. It addresses alleged security failures that led to data breaches from 2013 to 2016. Affected Canadian users may receive up to 5 in compensation.

Who is eligible for the Yahoo Canada Data Breach Settlement?

Canadian residents with Yahoo accounts between January 1, 2012, and December 31, 2016, are eligible. This includes users of Yahoo email, fantasy sports, and finance services.

What are the categories of compensation in the settlement?

The settlement offers two compensation categories. Category A covers expenses incurred within four months of breach notices. Category B compensates for up to five hours of wasted time per breach.

How much can I claim from the Yahoo Canada Data Breach Settlement?

Eligible Canadians can claim up to 5 in total compensation. This maximum payout combines both Category A and B claims. To receive 5, users must prove they were affected by all three breaches.

How do I submit a claim for the settlement?

You can submit claims online through the official settlement website. Alternatively, request a paper form by calling 1-866-808-8075. Provide your Yahoo email and expense documentation when claiming.

What is the deadline for submitting claims?

The deadline for the Yahoo Canada Data Breach Settlement claims is December 27, 2024. Online submissions or postmarked claims must meet this date for eligibility.

What happens if I don’t submit a claim by the deadline?

Missing the December 27, 2024 deadline excludes you from settlement benefits. You’ll forfeit compensation and the right to opt out or object. Submit your claim on time to protect your interests.