Yahoo said to announce massive data breach soon

Security / Tech
massive data breach

The announcement is expected to be made sometime this week.

Verizon is readying to take over Yahoo but before they do Yahoo is preparing to make one last announcement. The company is said to be announcing they suffered a massive data breach and the announcement should come sometime this week. The verbiage used here is significant as data breaches happen all the time but “massive data breach sounds” like it could be pretty severe and widespread.

Such a revelation would confirm earlier reports that the same hacker who’d stolen data from LinkedIn was now selling information from 200 million Yahoo accounts on a dark web marketplace. The data up for sale included user names, scrambled passwords and birth dates and likely dated from 2012, Motherboard reported in August, citing the cyber-attacker, who went by the name Peace. Yahoo said at the time it was investigating the claim.

It’s worth noting, however, that many of the stolen accounts in a sample of data obtained by Motherboard were no longer in use and had been canceled. The sale of all of the data for just under $2,000 also suggested that the information itself was of little value, either because most of it was obsolete, made-up, or useless because the hackers had already attacked legitimate accounts and exhausted their need for the data.

Yahoo has been struggling for many years now, the company hired Marissa Mayer away from Google to try and turn the ailing tech giant around. Mayer attempted many different angles to turn the company around but in the end it just hasn’t worked. Verizon will be taking Yahoo over soon and it will be interesting to see what they do with it and how the merge it into Verizon’s interests.

What do you think of Yahoo’s potential massive data breach? Do you still use Yahoo? Let us know in the comments below or on Twitter, Facebook and Google+.

  Source: Bloomberg  Source: Recode

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