Last year, Yahoo had announced that an illegal third party stole information related with over one billion user accounts in August 2013. Now, Yahoo says all 3 Billion Accounts were hacked in 2013 Security Breach.
Yahoo says all 3 Billion Accounts were hacked in 2013 Security Breach
Now after almost 4 years, Yahoo has changed its estimation once again. According to the Yahoo, there are as many as 3 Billion Yahoo accounts that were affected as a result of the data hack that happened in 2013. With the new numbers, Yahoo is likely to see an increase in the number of consumer class-action lawsuits in US federal and state courts.
According to some reports, Yahoo has already faced at least 41 consumer class-action lawsuits in U.S. federal and state courts. John Yanchunis, a lawyer representing some of the affected Yahoo users, said a federal judge who allowed the case to go forward still had asked for more information to justify his clients’ claims. He said:
“I think we have those facts now. It’s really mind-numbing when you think about it.”
As a result of this security breach reports, earlier this year, Verizon had cut down the price of acquisition by 350 million dollars. But now that it is clear that every account on Yahoo was breached, Verizon might consider cutting the price more down.
Also Read: Verizon to Finalize Yahoo Deal at $250-350m