And So It Begins: Yahoo Sued Over Epic Hack

After news surfaced that hackers had hit Yahoo hard enough that they got away with the data on 500 million users, you knew that it was only a matter of time before the lawsuits would get filed. Sure enough, the first one has been filed. Two Yahoo users in San Diego, California, filed on Friday a class-action claim [Warning:PDF] against the troubled web biz: Yahoo is accused of failing to take due care of sensitive information under the Unfair Competition Act and the state’s Consumer Legal Remedies Act, plus negligence for its poor security, and breaking the Federal Stored Communications Act. Seeing as America is the land of the lawsuit, this will not be the last one filed, and I fully expect that these lawsuits will have a material impact on Yahoo’s ability to sell itself to Verizon.

This will be worth watching.

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