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Thread: At least 500 million Yahoo accounts data stolen in 2014

  1. #1

    At least 500 million Yahoo accounts data stolen in 2014

    500 million users data stolen in 2014, they admit in 2016:

    Yahoo is sued for gross negligence over huge hacking

    September 23, 2016
    By Jonathan Stempel

    (Reuters) - Yahoo Inc was sued on Friday by a user who accused it of gross negligence over a massive 2014 hacking in which information was stolen from at least 500 million accounts.

    The lawsuit was filed in the federal court in San Jose, California, one day after Yahoo disclosed the hacking, unprecedented in size, by what it believed was a "state-sponsored actor."

    Ronald Schwartz, a New York resident, sued on behalf of all Yahoo users in the United States whose personal information was compromised. The lawsuit seeks class-action status and unspecified damages.
    A Yahoo spokeswoman said the Sunnyvale, California-based company does not discuss pending litigation.
    The attack could complicate Chief Executive Marissa Mayer's effort to shore up the website's flagging fortunes, two months after she agreed to a $4.8 billion sale of Yahoo's Internet business to Verizon Communications Inc .
    Yahoo on Thursday said user information including names, email addresses, phone numbers, birth dates and encrypted passwords had been compromised in late 2014.
    But the lawsuit suggested that the breach might have been warded off had Yahoo, having been targeted by hackers before, lived up to its promise of taking user privacy "seriously" and bulked up its security measures.
    It also faulted Yahoo for taking roughly three times longer than organizations typically need to uncover the breach.
    Yahoo demonstrated "reckless disregard for the security of its users' personal information that it promised to protect," according to the complaint.

    https://www.yahoo.com/news/yahoo-sue...--finance.html



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  3. #2
    Do people really use their real names and phone numbers on their accounts?
    #NashvilleStrong

    “I’m a doctor. That’s a baby.”~~~Dr. Manny Sethi

  4. #3
    Quote Originally Posted by euphemia View Post
    Do people really use their real names and phone numbers on their accounts?
    How do you think people hook up these days?

  5. #4
    Quote Originally Posted by timosman View Post
    How do you think people hook up these days?
    But does anybody still use Yahoo? I mean, I am thinking they stole passwords that haven't been used for years.

  6. #5
    Quote Originally Posted by angelatc View Post
    But does anybody still use Yahoo? I mean, I am thinking they stole passwords that haven't been used for years.
    I do. And I don't care. Ya want to be me? Yer welcome to it. Might not be as exciting as you think.

  7. #6
    Time to ditch Yahoo altogether.

  8. #7

    Cyber firm challenges Yahoo claim hack was state-sponsored

    http://www.reuters.com/article/us-ya...-idUSKCN11Y311

    Sep 28, 2016

    A cyber security company on Wednesday asserted that the hack of 500 million account credentials from Yahoo was the work of an Eastern European criminal gang, adding another layer of intrigue to a murky investigation into the unprecedented data heist.

    Arizona-based InfoArmor issued a report whose conclusion challenged Yahoo’s position that a nation-state actor orchestrated the heist, disclosed last week by the internet company. InfoArmor, which provides companies with protection against employee identify theft, said the hacked trove of user data was later sold to at least three clients, including one state-sponsored group.

    Reuters was unable to verify the report's findings. Yahoo declined comment. The Federal Bureau of Investigation, which is investigating the hack, did not return a call seeking comment.

    A U.S. government source familiar with the Yahoo investigation said there was no hard evidence yet on whether the hack was state-sponsored. Attribution for cyber attacks is widely considered difficult in both the intelligence and research communities.

    The task is made especially challenging by the fact that criminal hackers sometimes provide information to government intelligence agencies or offer their services for hire, making it hard to know who the ultimate mastermind of a hack might be.

    Yahoo said last week that it only recently discovered the intrusion, which it blamed on a state-sponsored actor without providing technical evidence. Nation-state hackers are widely viewed as possessing more advanced capabilities than criminal groups, a perception that could benefit Yahoo as it works to minimize fallout from the breach and complete its sale to Verizon Communications Inc. (VZ.N)

    InfoArmor concluded the Yahoo hackers were criminal after reviewing a small sample of compromised accounts, Andrew Komarov, the firm's chief intelligence officer, said in an interview.

    The hackers, dubbed Group E, have a track record of selling stolen personal data on the dark web, and have been previously linked to breaches at LinkedIn, Tumblr and MySpace, Komarov said.

    “They have never been hired by anyone to hack Yahoo," Komarov, who is from Russia, said. "They were simply looking for well known sites that had many users."

    In an illustration of the confusion about who carried out the hack and why, an NBC News report Wednesday interpreted Komarov's findings as pointing to the Russian government as the ultimate perpetrator.

    A Wall Street Journal report, which said that InfoArmor was able to crack encrypted passwords for some Yahoo accounts provided by the newspaper, came to the opposite conclusion.

    (Reporting by Dustin Volz; Additional reporting by Mark Hosenball and Joseph Menn; Editing by Jonathan Weber and David Gregorio)


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  11. #9
    Obama's close confidante Valerie Jarrett Praised Yahoo for Hiring Pregnant CEO

    Yahoo punishes CEO in latest fallout from security breakdown

    Yahoo is punishing CEO Marissa Mayer and parting ways with its top lawyer for the mishandling of two security breaches that exposed the personal information of more than 1 billion users and already have cost the company $350 million.

    Mayer won't be paid her annual bonus nor receive a potentially lucrative stock award because a Yahoo investigation concluded her management team reacted too slowly to one breach discovered in 2014.
    Yahoo's general counsel, Ronald Bell, resigned without severance pay for his department's lackadaisical response to the security lapses.

    Alex Stamos, Yahoo's top security officer at the time of the 2014 breach, left the company in 2015.
    Although Yahoo's security team uncovered evidence that a hacker backed by an unnamed foreign government had pried into user accounts in 2014, executives "failed to act sufficiently" on that knowledge, according to the results of an internal investigation disclosed Wednesday. At that time, Yahoo only notified 26 people that their accounts had been breached.


    Yahoo didn't disclose the 2014 breach until last September, when it began notifying at least 500 million users that their email addresses, birthdates, answers to security questions and other personal information may have been stolen. Three months later, Yahoo revealed it had uncovered a separate hack in 2013 affecting about 1 billion accounts, including some that were also hit in 2014.



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