Yahoo Hit With Class Action Suit
Posted by: Timothy Weaver on 02/10/2017 12:06 PM
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Yahoo's data breach was epic; 500 million accounts were compromised in 2014 and more than a billion accounts in 2013.
Now comes Brian Neff, who runs an insurance company in Texas, who has filed a class action suit against the web giant. Neff stated: “In addition to paying Yahoo thousands of dollars for services that subjected him to a security breach, Mr. Neff was also a victim of actual identity theft following the data breaches."
Yahoo claims that no bank information was stolen in two breaches. However, Neff said that both his Capital One credit card and his Chase debit card were used to make fraudulent purchases. He further claims that only Yahoo had both cards on file.
In his suit, Neff claims that fraudulent accounts were opened in 2015 in Neff's name and suspicious charges appeared on statements in May and June of last year.
“The probability that separate criminals stole card information from separate sources, stole the information necessary to open a new credit card account from a separate source, and made fraudulent charges on all three cards in the same month is staggeringly remote,” the lawsuit claimed.
There are four counts that Neff claims in his suit: Yahoo failed to take reasonable measures to protect users' data, failed to prevent the data breaches, failed to notify users that Yahoo's data-security measures were inadequate, and failed to promptly disclose it had been hacked.
Yahoo has been hit with at least two dozen lawsuits, all of which have been lumped together and will be heard in federal court in San Jose.
Source: SCMagazine

Yahoo claims that no bank information was stolen in two breaches. However, Neff said that both his Capital One credit card and his Chase debit card were used to make fraudulent purchases. He further claims that only Yahoo had both cards on file.
In his suit, Neff claims that fraudulent accounts were opened in 2015 in Neff's name and suspicious charges appeared on statements in May and June of last year.
“The probability that separate criminals stole card information from separate sources, stole the information necessary to open a new credit card account from a separate source, and made fraudulent charges on all three cards in the same month is staggeringly remote,” the lawsuit claimed.
There are four counts that Neff claims in his suit: Yahoo failed to take reasonable measures to protect users' data, failed to prevent the data breaches, failed to notify users that Yahoo's data-security measures were inadequate, and failed to promptly disclose it had been hacked.
Yahoo has been hit with at least two dozen lawsuits, all of which have been lumped together and will be heard in federal court in San Jose.
Source: SCMagazine
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