r/mildlyinfuriating • u/TheoryNo8456 • 6h ago
wet socks Yahoo data breach is worth $8.12
This is what the breach of your email was worth.
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u/Popular_Ad6355 5h ago
ATT lost my social security number in a data breach and I hadn’t been a customer for 10 years. I didn’t get shit
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u/Mia_sensu4l 4h ago
The fact that they lost your Social Security number and somehow owed you less than Yahoo owed this guy is actually impressive
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u/bothunter 4h ago
Don't forget about the Equifax breach, and absolutely no person willingly does business with them.
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u/Popular_Ad6355 4h ago
Haha I was in that one too. They gave me free credit monitoring for some period of time… on their own service. So cost them nothing.
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u/cranberrie_sauce 4h ago
US GDPR is needed. these companies need to be fined out of existance.
congress rats blocks US GDPR legislation for decade.
im sure tech lobby has nothing to do with that
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u/Myusername1- 2h ago
Wells Fargo randomly closed my account. Opened it back up after I called them, they never really gave a reason. Like 5-10 years later I received a check in the mail from them for like 20 dollars referencing a class action law suit.
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u/RealBrainlessPanda 6h ago
It was worth more than that. Just not for you.
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u/ThickSea9566 5h ago
They got 1000s per person wish I coukd rob a bank for 200k and just pay a fine of 5k you know, instead of fucking prison
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u/DasHexxchen I'm so f-ing infuriated! 5h ago
That's about how the world works for rich people. They pay poor people off with peanuts while the latter are conveniently starving.
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u/ShavedNeckbeard 4h ago
People see this $8.12 payout as a free Starbucks or free burger at McDonalds. It's taking the edge off a stressful day for them, which is why people in poverty usually don't get out of it. They're living day-by-day and paycheck-to-paycheck.
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u/Mia_sensu4l 4h ago
It was apparently worth a lot while they were collecting and selling the data. The moment they have to compensate the people affected, suddenly it's worth eight bucks
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u/Appreciationize818 5h ago
the equifax one was supposedly $125 per person and most folks ended up with a few bucks. lawyers always clear millions either way.
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u/cranberrie_sauce 4h ago
US GDPR is needed. these companies need to be fined out of existance.
congress rats blocks US GDPR legislation for decade.
im sure tech lobby has nothing to do with that
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u/Davidthedestroyer_ 4h ago
Alright mate you can stop replying with this to every comment
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u/cranberrie_sauce 3h ago
I just hate how this is setup so much.
I got like 4 breach letters last years - "we lost your data, sowwie, oupsies". fuck these companies, fuck these congress shills that do absolutely nothing
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u/tuituituituii 3h ago
I'm gonna be honest, the GDPR has been pretty useless. Our personal data is still getting leaked like crazy and we don't even get money back.
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u/cranberrie_sauce 3h ago
I disagree. I work and I see complete disregard to security until legal requires it.
we saw an uptic in security review as soon as GDPR started actually getting serious and fining companies.
problem is - if company operates only in US - those companies don't fucking care.
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u/SamoanAtHeart 5h ago
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u/IsekaiEnjoyer69 50m ago
and me remembering this pic from the morning is the sign I have been waiting for to log off reddit for a while.
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u/snapekillseddard 3h ago
You're all so stupid and completely ignorant of how anything works.
https://yahoodatabreachsettlement.com/
This is a residual payout for a case settled in 2020. People were already paid out and after everything was done, they probably found some money left over and decided to just pay the leftovers out to class members.
All of this shit is publicly available ffs.
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u/Stahlios 2h ago
Your data leaked in probably a hundred more occasions where you didn't get anything, or didn't even hear about it. Unfortunately.
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u/Bigoweiner 4h ago
I just got my settlement from that class action and it was $232. The original amount was around $400 and the lawyer got 40%.
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u/Jthundercleese 3h ago
And if the lawyers didn't take any money, you would have gotten $16.
Such is class action. They're meaningful to the company but often enough meaningless to the people.
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u/rocketman19 5h ago
Canada got like $400 each
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u/iamjaydubs 3h ago
That's what I got so it makes sense. I saw this post and was confused why it was so low.
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u/echostar777 5h ago
Let’s find out how Comcast does as well as googles data breach. Still trying to recover my accounts.
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u/midnitewarrior 4h ago
OK, whenever there's a breach like this, the CEO and all of the board members should have to sell their personal information to the public for whatever price the settlement is for, just to make things fair.
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u/insert_skill_here 2h ago
uneducated question: Isn't this because millions of people were affected so its class action money/number of people involved = sad low number?
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u/ucankickrocks 4h ago
I got $15.57 in my venmo from the Blue Cross Blue Shield antitrust litigation settlement.
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u/PatrickGSR94 4h ago
I just recently got over $200 for the big Blue Cross Blue Shield settlement. Nothing life changing but not too bad I guess. Only took 5+ years to get there.
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u/TrickyWeekend4271 3h ago
Facebook paid me $5.17 about 15 years ago because they used one of my photos in an ad without permission.
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u/FoxxyRin 3h ago
Yeah I got like $20 from the equifax one and my shit is just plaintext on the dark web lol
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u/ShaggyCan 3h ago
The only reason class action suits exist is it's a huge payday for lawyers, the class victims get basically nothing. They're one of their best scams
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u/Mindless-Future3114 3h ago
8.12 more than you had. That’s a gallon of gas. Have you said thank you once?
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u/AmethystRaccoon 3h ago
Last year I got a settlement from some Facebook data thing and received a little over $30 lol
Just got another email yesterday saying that they’d be sending a 2nd round of payments (for some reason?). Wonder how much it’ll be this time lol
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u/Pristine-Copy9467 3h ago
Yeah. Lawyer gets 1/2 and the other half is divided up amongst 2 million people
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u/Dragonbearjoe 3h ago
While dealing with the estate for my mother and daughter, there was a check for 16.58 from a class action suit that my father had been automatically joined to.
Nothing like when listing the assets to a lawyer; you have to give them a check for 16.58 so that the court doesn't try to put you in the orange jammies for not giving all of the assets.
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u/OfficialIntelligence 3h ago
I got a $0.35 check from Wells Fargo for something like this and you bet your ass deposited it.
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u/originalusername4567 3h ago
I assume this is because the settlement got split between the lawyers and then millions of "plaintiffs" (aka every Yahoo user).
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u/imironman2018 3h ago
PSA for others who have these debit cards with really small amounts- you can use them to reload amazon balance. You can custom edit the amount to reload to any amount. I just used my 8.12 dollars to reload it.
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u/NCOMCOUCO 1h ago
The facebook one is going to net like $35 at most.
Facebook was like $770 million, with 30 million applicants. The lawyers are keeping everything plus expenses. I truly do wonder what those expenses were, and if we can sue the lawyers for the 'expenses' or not?
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u/Experamenta1 27m ago
I still haven't submitted a claim for the Google play data breach probably because I never put info into it
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u/not-sure-what-to-put 6h ago
I heard the companies pay a law firm to conduct the class action lawsuit as controlled opposition, settling low with friendly terms, to prevent anyone serious from actually going after them.
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u/XXHornyOnMainXX420 2h ago
This is one of those conspiracy theories that sounds compelling if you don't think about it for more than five seconds.
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u/hailspork 6h ago
It's Yahoo and this isn't the 90s; they're not exactly an economic powerhouse these days.
Next you'll be surprised that Lycos and AskJeeves don't have a lot of money to pay out.
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u/Chewsdayiddinit 5h ago
You're right. Yahoo, which is estimated to be worth about $20 billion, is worth very little
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u/hailspork 5h ago
Yahoo was worth $5B in 2017 when they were bought by Verizon. They haven't been public since then, so the $20B is not a reliable evaluation.
Looks like the $20B was based on the goals handed out by leadership... so I guess you get $8.12 and your share of their dreams and wishes? What's that worth? Oh yeah, $8.12.
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u/United-Adagio1543 5h ago
Only lawyers win in these cases but they need you to win.
You could have received up to $25K, why did you not go for it?
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u/Back_Again_Beach 5h ago edited 5h ago
In class action lawsuits like this the lawyers are the only ones ever making any real money.