Nearly two million people who had sensitive information snatched from their Yahoo accounts will receive two years of free credit monitoring services and other potential restitution in a legal settlement valued at $117.5 million.

A more detailed breakdown used in the revised settlement drove up the estimated cost.  The money will be paid by Yahoo's current owner, Verizon, and Altaba, a holdover from Yahoo's past that still owns a stake in Chinese internet company Alibaba Group worth billions of dollars.

According to WILX-News 10, Your Breaking News and Weather Authority, if approved, the settlement will become part of the financial fallout from digital burglaries that stole personal information from about 3 billion Yahoo accounts in 2013 and 2014.

 

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