NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
‘One billion’ affected by Yahoo hack

By News Express on 15/12/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 949


Yahoo has said more than one billion user accounts may have been affected in a hacking attack dating back to 2013.

The internet giant said it appeared separate from a 2014 breach disclosed in September, when Yahoo revealed 500 million accounts had been accessed.

Yahoo said names, phone numbers, passwords and email addresses were stolen, but not bank and payment data.

The company, which is being taken over by Verizon, said it was working closely with the police and authorities.

Yahoo said in a statement that it “believes an unauthorised third party, in August 2013, stole data associated with more than one billion user accounts.”

The breach “is likely distinct from the incident the company disclosed on September 22, 2016".

However, the three-year-old hack was uncovered as part of continuing investigations by authorities and security experts into the 2014 breach, Yahoo said.

Account users were urged to change their passwords and security questions.

Cybersecurity expert Troy Hunt told the BBC: “This would be far and away the largest data breach we’ve ever seen. In fact, the 500 million they reported a few months ago would have been, and to see that number now double is unprecedented.

“Yahoo hasn’t attributed the attack to any state-sponsored activity as they did with the previous incident. They’ve referred to the tampering of cookies, though, which gives us some useful insight into where the vulnerability may have existed in their system.”

When Yahoo, in September, disclosed the 2014 data breach, it said information had been “stolen by what we believe is a state-sponsored actor”. Yahoo did not say which country it held responsible.

Yahoo has come under pressure to disclose why it took so long for that breach to be made public.

The California-based company has more than a billion monthly active users, although many people have multiple accounts. There are also many accounts that are little used or dormant.

The latest disclosure raises fresh questions about Verizon’s $4.8bn proposed acquisition of Yahoo, and whether the US mobile carrier will try to modify or abandon its bid.

If the hacks cause a user backlash against Yahoo, the company’s services would not be as valuable to Verizon.

In a statement, Verizon said that it would evaluate the situation as Yahoo investigates and would review the “new development before reaching any final conclusions”.

Mr Hunt said that Verizon allegedly devalued Yahoo by $1bn after the news emerged of the 2014 attack.

The latest revelations “will surely impact that valuation even further, not just because of the scale of it, but because it shows a pattern of serious failures on Yahoo’s behalf,” he said.

It is a further embarrassment to a company that was once one of the biggest names of the internet but which has failed to keep up with rising stars such as Google and Facebook.

Yahoo’s valuation hit $125bn during the dot-com boom, but it has been losing ground since then despite several attempts to revive its fortunes. (BBC)

Source News Express

Posted 15/12/2016 4:27:56 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Suicide bomber kills worshippers inside Borno mosque

NiMET predicts rains today in Lagos, Port Harcourt,...

FG to float new national shipping line

Rivers PDP draws battle-line over Tai election result,...

Army Chief commissions projects at Elele Barracks

More industries close shop as recession bites harder...

Fayose commends FG, Tinubu over reintroduction of history...

Fulani herdsmen give conditions for peace in Benue,...

Enugu Assembly soon to pass 2018 Budget

FG reassures National Theatre arti‎sts, pledges compensation for...

“An Evening with Harcourt Whyte”: WORLD-CLASS PERFORMERS SET...

Four APC members abducted in Ekiti

 

Latest News Intrigues as APC picks Abuja for convention •Oyegun, Oshiomhole divide South South APC No restructuring, no 2019 election, Ijaw youths warn •Vow to stop oil flow in the region Imo APC group issues ultimatum to Okorocha El-Rufai charges incarcerated Sheikh Zakzaky and wife to court APC National Chairmanship Battle: South South Chairmen reject Oshiomhole, insist on Odigie-Oyegun Army kills armed robbers in Ibadan Falana calls for Buhai’s probe over $469m ECA scandal Switzerland returned $322.5m Abacha loot with interest — Envoy Troops waste 6 bandits terrorising Kogi Police spoils market for suicide bombers in Borno 2019: Wike pounces on Buhari, tells youths to vote him out 2019: Ijaw group endorses Uduaghan for Senate

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (339,742 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (334,737 views) Shameless Genevieve Nnaji exposes breasts in public (267,851 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (220,249 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (202,134 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (198,165 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (172,885 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (155,238 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (147,143 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (139,073 views) Lagos plane crash: Journalist releases victims’ names (136,927 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (129,614 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (36) Business & Economy (3,069) Business Verdict (40) Columnists (836) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (483) Features (569) Global Business Monitor (264) International (1,926) Interview (149) Live Commentary (28) Love Matters (116) News (34,714) Opinion (916) Pidgin (10) Politics (4,810) Religion (724) Sports (1,485) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

NLNG Science and Literature Prize Awards

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement