Yahoo Says at Least 500 Million Accounts Breached in Attack

Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing half of its roughly 1 billion users ahead of Verizon Communications Inc.’s planned acquisition of the web portal’s assets.

Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing half of its roughly 1 billion users ahead of Verizon Communications Inc.’s planned acquisition of the web portal’s assets.
The attacker was a “state-sponsored actor,” and stolen information may include names, e-mail addresses, phone numbers, dates of birth, encrypted passwords and possibly security questions and answers, Yahoo said Thursday in a statement. The continuing investigation doesn’t indicate the theft of payment data or bank account information, or unprotected passwords, the company said. Affected users are being notified and their accounts are being secured, it also said.
The disclosure of the data theft comes at a particularly sensitive time for Chief Executive Officer Marissa Mayer, as she navigates the company toward a planned $4.8 billion acquisition by Verizon, set to close by early next year. Mayer, who has dealt with difficulties and complaints about Yahoo’s e-mail service in the past, needs to keep users logging in to drive traffic and draw the advertising that fuels the company’s revenue growth, which has been sluggish under her leadership.
“Yahoo is working closely with law enforcement on this matter,” the company said in the statement. “Online intrusions and thefts by state-sponsored actors have become increasingly common across the technology industry.”

Source: Yahoo Says at Least 500 Million Accounts Breached in Attack

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