Yahoo has been under the microscope for its inadequate handling of customer data for years. The company is currently facing a lawsuit for damages resulting from the 2012 data breach, just as it seemed like it was on the verge of reaching a settlement and putting the disaster behind it – a California judge issued a harsh rebuttal and rejected the proposed settlement.
The judge said that Yahoo has a long history of failing to handle customer data properly. She said that the settlement is not at all adequate. Yahoo must either offer a more lucrative proposal to the plaintiffs or face them in court.
By Rehan Ijaz