{"id":276887,"date":"2016-12-15T06:04:24","date_gmt":"2016-12-15T06:04:24","guid":{"rendered":"http:\/\/citifmonline.com\/?p=276887"},"modified":"2016-12-15T06:04:24","modified_gmt":"2016-12-15T06:04:24","slug":"one-billion-affected-by-yahoo-hack","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=276887","title":{"rendered":"&#8216;One billion&#8217; affected by Yahoo hack"},"content":{"rendered":"<p class=\"story-body__introduction\">Yahoo has said more than one billion user accounts may have been affected in a hacking attack dating back to 2013.<\/p>\n<p>The internet giant said it appeared separate from a 2014 breach disclosed in September, when Yahoo revealed 500 million accounts had been accessed.<\/p>\n<p>Yahoo said names, phone numbers, passwords and email addresses were stolen, but not bank and payment data.<\/p>\n<p>The company, which is being taken over by Verizon, said it was working closely with the police and authorities.<\/p>\n<p>Yahoo said in a statement that it &#8220;believes an unauthorized third party, in August 2013, stole data associated with more than one billion user accounts.&#8221;<\/p>\n<p>The breach &#8220;is likely distinct from the incident the company disclosed on September 22, 2016&#8221;.<\/p>\n<p>However, the three-year-old hack was uncovered as part of continuing investigations by authorities and security experts into the 2014 breach, Yahoo said.<\/p>\n<p>Account users were urged to change their passwords and security questions.<\/p>\n<p><strong>Vulnerability<\/strong><\/p>\n<p>Cybersecurity expert Troy Hunt told the BBC &#8220;This would be far and away the largest data breach we&#8217;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.<\/p>\n<p>&#8220;Yahoo hasn&#8217;t attributed the attack to any state-sponsored activity as they did with the previous incident. They&#8217;ve referred to the tampering of cookies, though, which gives us some useful insight into where the vulnerability may have existed in their system.&#8221;<\/p>\n<p>When Yahoo, in September, disclosed the 2014 data breach, it said information had been &#8220;stolen by what we believe is a state-sponsored actor&#8221;. Yahoo did not say which country it held responsible.<\/p>\n<p>Yahoo has come under pressure to disclose why it took so long for that breach to be made public.<\/p>\n<p>&nbsp;<\/p>\n<p>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.<\/p>\n<p>The latest disclosure raises fresh questions about Verizon&#8217;s $4.8bn proposed acquisition of Yahoo, and whether the US mobile carrier will try to modify or abandon its bid.<\/p>\n<p><strong>&#8216;Pattern of serious failures&#8217;<\/strong><\/p>\n<p>If the hacks cause a user backlash against Yahoo, the company&#8217;s services would not be as valuable to Verizon.<\/p>\n<figure class=\"media-landscape has-caption full-width\">\n<figure style=\"width: 665px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"responsive-image__img js-image-replace\" src=\"http:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/133E3\/production\/_91991887_mediaitem90510987.jpg\" alt=\"Marissa Mayer\" width=\"665\" height=\"374\" data-highest-encountered-width=\"624\" \/><figcaption class=\"wp-caption-text\">Yahoo chief executive Marissa Mayer is negotiating the sale of Yahoo&#8217;s core business to Verizon<\/figcaption><\/figure>\n<\/figure>\n<p>In a statement, Verizon said that it would evaluate the situation as Yahoo investigates and would review the &#8220;new development before reaching any final conclusions&#8221;.<\/p>\n<p>Mr Hunt said that Verizon allegedly devalued Yahoo by $1bn after the news emerged of the 2014 attack.<\/p>\n<p>The latest revelations &#8220;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&#8217;s behalf,&#8221; he said.<\/p>\n<p>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.<\/p>\n<p>Yahoo&#8217;s valuation hit $125bn during the dot-com boom, but it has been losing ground since then despite several attempts to revive its fortunes.<\/p>\n<p><strong>Analysis: Dave Lee, North America technology reporter<\/strong><\/p>\n<p>Good grief, can things get any worse for Yahoo? A complete disaster. Embarrassing. Negligent?<\/p>\n<p>We&#8217;ve come to accept that even the best systems get attacked by cyber criminals. But repeatedly? And in such great numbers? Something was seriously, seriously wrong.<\/p>\n<p>Looking to the future, this is yet more concern for Verizon, which agreed to buy Yahoo before all of these disasters were made public.<\/p>\n<p>It wanted the company because of its huge user-base and advertising reach. How many of those users are going to stick around when this kind of thing is going on? What&#8217;s in it for them?<\/p>\n<p>There&#8217;s talk of a discount on the $4.8bn Verizon agreed to pay out. It&#8217;s a game of how-low-can-you-go in the new year, you&#8217;d think.<\/p>\n<p>&#8211;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[3,11988],"class_list":["post-276887","post","type-post","status-publish","format-standard","hentry","category-technology","tag-ghana-news","tag-yahoo"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/276887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=276887"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/276887\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=276887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=276887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=276887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}