Yahoo will have to pay $ 50 million dollars to the victims of one of the biggest online data breaches.
Yahoo has agreed to pay $50 million in damages to victims of an attack that reportedly affected about 200 million people. In addition, the company will provide at least two years free monitoring in the markets of the parties involved. 
The settlement that comes into force on Monday concerns two separate violations, which took place at 2013 and 2014.
The first attack affects three billion Yahoo accounts (yes, all company accounts). The company then said that source code theft allowed attackers to access any account they wanted, even though passwords were not stored in plain text.
In the second attack the company reported that they leaked 500 million accounts (names, email addresses, phone numbers, dates of birth, encrypted and unencrypted passwords, security questions and answers).
The data breaches were not disclosed at the time, but in 2016, a delay which drew the ire of not only the public but also investors. The impact was devastating to Yahoo's reputation at a time when Verizon was preparing to buy the company.
Yahoo was taken over by Verizon 2016 and although the original price was set at $4,8 billion, after the announcement of the hacks the price dropped by $350 million.
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