Explore the latest news and trends  

Sign up for our weekly security newsletter

Be the first to receive important updates on security


Yahoo Inc. Receives US$ 610 Million against Hackers

The leading digital media company, Yahoo Inc., has won a court case against spammers, a legal triumph that also covers a random judgment of US$ 610 Million, as per the news by pcworld on December 8, 2011.

According to the lawsuit filed by Yahoo Inc. in May 2008, the Company charged some individual and firms with defamation, by which the reputation of the Company was endangered. These people held under charge have tried to scam innocent users through a spam campaign, by which they informed them of winning prizes in a fake Yahoo-sponsored lottery.

Yahoo stated that the defendants' motive was to deceive the e-mail recipients so that they could reveal their bank account details for the greater advantage. These confidential information would be used for raiding the bank accounts of the victims by using credit cards and submitting application for loans

According to Judge, Laura Taylor Swain, at the US District Court for the Southern District of New York, Yahoo's charges are undoubtedly true and Yahoo is permitted to US$ 27 Million in legal damages for trademark violation and US$ 583 Million in statutory reimbursement for infringement of the CAN-SPAM (Controlling the Assault of Non-Solicited Pornography And Marketing) Act, as per the reports by pccworld.com on December 8, 2011.

Sadly, Yahoo has less possibility of claiming the money. This is because none of the defendants- a group of Thai and Nigerian individuals, a Nigerian corporation, and a Taiwanese corporation- have replied to Yahoo's complaint. Further, Nigeria is a common repository for e-mail hackers.

In her ruling, Swain said that except some minor changes and variations the scam mails look strikingly similar to the real ones, as per the reports by CNNMoney on December 7, 2011.

Further, Swain added that circumstantial evidences are sufficient to prove that the defendants are actively involved in the scam.

Also, Yahoo claimed that it was not driven by the money factor that it won because of the judgment being announced in its favor.

Christian Dowell, the company's Legal Director of globe brand protection said, that Yahoo has its prime objective of safeguarding the protection of its users. They make sure that users rely on Yahoo as the largest e-mail provider of USA, as per the news by thestreet on December 7, 2011.

Related article: Yahoo Gets “Yam”med by a Worm

» SPAMfighter News - 12/16/2011

3 simple steps to update drivers on your Windows PCSlow PC? Optimize your Slow PC with SLOW-PCfighter!Email Cluttered with Spam? Free Spam Filter!

Dear Reader

We are happy to see you are reading our IT Security News.

We do believe, that the foundation for a good work environment starts with fast, secure and high performing computers. If you agree, then you should take a look at our Business Solutions to Spam Filter & Antivirus for even the latest version of Exchange Servers - your colleagues will appreciate it!

Go back to previous page