Yahoo Triples Likely Scope of '13 Hack to 3 Billion Users
Source: Bloomberg
By Crayton Harrison
October 3, 2017, 4:38 PM EDT October 3, 2017, 4:56 PM EDT
Yahoo, the internet company acquired by Verizon Communications Inc. this year, now believes a 2013 security breach affected all 3 billion of its users at the time.
The assessment, based on new intelligence obtained after the $4.5 billion acquisition, compares with Yahoos initial estimate that 1 billion accounts were compromised. The information stolen didnt include passwords in clear text, payment data or bank accounts. Yahoo is notifying users.
Verizon, which is combining Yahoo with its AOL business to attract more internet advertising, had negotiated a $350 million price cut on the deal after Yahoo disclosed the 2013 breach and a subsequent hack in 2014. The attacks exposed user accounts and threatened Yahoos trust with consumers.
Verizon, based in New York, was little changed in late trading.
Read more: https://www.bloomberg.com/news/articles/2017-10-03/yahoo-says-all-3-billion-users-probably-affected-by-2013-breach