Yahoo Says Every Single User Was Impacted by August 2013 Hack
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Version 0 of 1. Yahoo Inc., now apart of the holding company Oath owned by Verizon Communications Inc. (VZ) , said on Tuesday that the massive data breach in August 2013 impacted every single Yahoo user. That is a total of three billion users, and up from its initial estimate of one billion. The company also announced on Tuesday that its findings indicate that compromised user information did not include passwords in clear text, payment card data, or bank account information. "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," said Chandra McMahon, Chief Information Security Officer, Verizon. "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." Shares of Verizon Communications were moving lower in after-hours trading on Tuesday. Yahoo! became the poster child for geopolitical hacking of consumer data last year, and as a result Verizon shaved $350 million off the price tag for the company's online operations. More of What's Trending on TheStreet: |