Monday, March 19, 2018

Data breach victims can sue Yahoo in the United States: judge

In a decision on Friday night, U.S. District Judge Lucy Koh in San Jose, California rejected a bid by Verizon Communications Inc, which bought Yahoo's Internet business last June, to dismiss many claims, including for negligence and breach of contract. Yahoo was accused of being too slow to disclose three data breaches that occurred from 2013 and 2016, increasing users' risk of identity theft and requiring them to spend money on credit freeze, monitoring and other protection services. The breaches were revealed after New York-based Verizon agreed to buy Yahoo's Internet business, and prompted a cut in the purchase price to about $4.5 billion.

from Yahoo! Finance: yhoo News http://ift.tt/2HpjDvm

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