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Yahoo Linked to Massive Data Breach

Paul Rubens - September 22, 2016 - 11:14 AM
Yahoo Linked to Massive Data Breach
Yahoo will reportedly announce that hackers have stolen 200 million users' data.

(CCM) — Yahoo may be about to announce a massive data breach that has led to the loss of data about several hundred million users. Although Reuters was not able to immediately confirm the report, Yahoo may have to force all of its users to reset its passwords. The news follows another unconfirmed story from August that a hacker known as Peace was offering data, which included user names, birth dates, backup email addresses, and password hashes of about 200 million Yahoo users, for 3 Bitcoins (about $1,860) at a criminal marketplace on the dark web. If correct, the price suggests that the data was of little value — perhaps because it was old and therefore largely obsolete or because the data had already been exploited by Peace or other hackers before it was put up for sale. The data is thought to date back to 2012.

The story comes at an awkward time for Yahoo, because it is currently finalizing a deal to sell its email service and other internet assets to communications company Verizon for $4.8 billion. Yahoo will then be left with stakes in Alibaba and Yahoo Japan, which have a combined market value of about $40 billion.

Image: © Katherine Welles - Micha - Shutterstock.com
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