Yahoo could pay you $358 for its massive data breach settlement. Here's how to claim it

Photo does not have a caption

Was your Yahoo account among the 3 billion struck by multiple data breaches between 2013 and 2016? You might be eligible for a $358 payout or two years of free credit monitoring.

If the settlement is approved by California courts, Yahoo could divvy up more than $117.5 million among users whose names, email addresses and passwords were stolen.

Eligible users can submit claims at Yahoodatabreachsettlement.com to receive at least two years of free credit monitoring services by AllClear ID.

If consumers can verify that they already use a credit monitoring service that they'll keep for at least a year, they can submit a claim for $100 instead. The true amount may be more than that -- up to $358 -- but it will likely be less, depending on how many people submit claims.

What about these breaches?
In 2016, Yahoo disclosed two massive data breaches: One in 2013, when an unauthorized third party stole user data, and another in 2014, the work of a "state-sponsored actor," the company said.

Sensitive financial data like bank account numbers and credit card information weren't believed to be stolen in the attack, but emails and passwords were.

Users were urged to immediately change their passwords and security questions -- key steps in protecting online accounts from similar attacks.

Who's eligible to make a claim?
You're a member of the settlement class if: