Bloomberg Law
December 15, 2016, 5:18 PM UTC

Yahoo Failed to Protect Consumers From Hacking, Lawsuit Says

Bloomberg Media

By Margaret Cronin Fisk, Bloomberg News

Yahoo! Inc.allowed hackers to access personal and confidential information of its users and failed to warn consumers of a cybersecurity breach, a proposed class-action lawsuit filed Wednesday claims.

The suit followed within hours of Yahoo’s disclosure Wednesday that a second major security breach may have affected more than 1 billion user accounts. The company said in a statement then it hasn’t been able to identify the “intrusion’’ associated with the theft, which occurred in August 2013.

Suzanne Philion, Yahoo spokeswoman, didn’t immediately respond to e-mail and phone messages seeking comment.

In September, Yahoo ...

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