Yahoo could pay $117.5 million to settle massive data breaches that compromised personal information, including email addresses and passwords. 

Yahoo, which is now owned by Verizon, was hit by multiple breaches from 2013 to 2016, one of which affected all 3 billion customer accounts that existed at the time. The proposed settlement still needs to be approved, but earlier this year, a different version of the class-action settlement was rejected by US District Judge Lucy Koh, who wanted to see more benefit to consumers and a specific settlement amount.

"Since June 2017, Yahoo's parent company has boosted its security budget, increased the number of employees in its information security group and enhanced training, policies and procedures related to security...”