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 a attacks which reportedly affected around 200 million people. In addition, the company will provide at least two years of free monitoring on the purchases of those involved. 
The settlement that comes into force on Monday concerns two separate violations, which took place at 2013 and 2014.
The first attack affected three billion Yahoo accounts (yes all of the company's accounts). The company said at the time that the theft of the source code allowed attackers to gain access to any account wanted, even though passwords were not stored in plain text.
In the second attack, the company reported that 500 million accounts (names, email addresses, phone numbers, dates of birth, encrypted and unencrypted passwords, queries security and answers).
Data breaches were not revealed at that time, but 2016, a delay that caused the wrath of not only the public but also investors. The impact was catastrophic for Yahoo's reputation at a time when Verizon's acquisition of the company was being prepared.
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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