Wednesday, October 4, 2017

Verizon Now Admits ALL Yahoo Users Had Data Exposed -

Verizon has come forward to admit that all of Yahoo's subscribers had their information exposed to hackers, not the 1 billion subscribers originally claimed. As previously reported, Yahoo was hacked several different times, revealing the personal information of more than 1 billion customers. Yahoo found itself in hot water for failing to disclose the hacks to Verizon during deal negotiations, though Verizon was ultimately able to knock around $350 million off its asking price due to these failures.

Now, Verizon and Yahoo are admitting that the breach was even wider than originally stated, and impacted roughly all 3 billion (many now former) Yahoo customers. It's a notable blow for Verizon, who is hoping desperately to successfully pivot from stodgy, turf-protecting telco to cutting edge Millennial-focused advertising juggernaut.

The broader impact of the hack was contained in a notice sent out by Verizon and Yahoo.

"Subsequent to Yahoo s acquisition by Verizon, and during integration, the company recently obtained new intelligence and now believes, following an investigation with the assistance of outside forensic experts, that all Yahoo user accounts were affected by the August 2013 theft," the companies stated. "While this is not a new security issue, Yahoo is sending email notifications to the additional affected user accounts."

Verizon, for its part, is working hard to suggest all security issues at Oath are now in the rear view mirror.

Verizon is committed to the highest standards of accountability and transparency, and we proactively work to ensure the safety and security of our users and networks in an evolving landscape of online threats, Verizon Chief Information Security Officer Chandra McMahon said of this latest revelation in the ongoing saga. Our investment in Yahoo is allowing that team to continue to take significant steps to enhance their security, as well as benefit from Verizon s experience and resources.

Hackers obtained the names, email addresses, telephone numbers, dates of birth, hashed passwords (using MD5) and in some instances security questions of impacted customers. Yahoo's Q&A on the hack has additional detail for those interested.
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