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19.12.2016

Yahoo reveals newest hack – happened in 2013, hit one billion accounts


Well, this is awkward. Yahoo has (once again) admitted a massive breach of security in its systems, which has affected one billion accounts. To put that into perspective, around 3 billion users use the internet. It gets worse, too – the hack happened back in 2013! Read on for the full story.


Here’s what happened in the words of Yahoo: the company “believes an unauthorized third party, in August 2013, stole data associated with more than one billion user accounts”. What exactly could have been stolen? Apparently a lot – phone numbers, passwords, secret questions, names, you name it. So is it safe to assume you’ve been part of the breach if you have a Yahoo account? Yes, here’s why:

Let’s come back to those numbers. Roughly three billion people use the internet, but that’s people, not accounts. Still, obviously not everybody has a yahoo mail account. Back in February, the company had around a billion active accounts. Even if we assume that the number didn’t go down (which it probably did) and not all affected accounts were active, the majority of Yahoo users were probably affected. And let’s not forget that Yahoo recently disclosed another breach from 2014, which they say is unrelated and affected 500 million.

So yeah, if you have a Yahoo account, you should probably switch to something more secure. It’s just difficult to ignore all the security issues the company has been having – apparently for over three years now. Analysts expect this new development to affect Verizon’s purchase of Yahoo. Verizon agreed to buy Yahoo for $4.83 billion back in July this year. TechCrunch reports unconfirmed speculations of a discount of around one billion dollars.


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Source: https://techcrunch.com/2016/12/14/yahoo-discloses-hack-of-1-billion-accounts/
Pic: ©MIH83
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