Earlier this summer, A report came up by veteran tech journalist “Kara Swisher” at Recode says that Yahoo is going to confirm a huge data breach that has an impact over 200 million users. It is unknown whether hackers were able to gain access to users accounts or not.
In July, Yahoo said in a statement that “it was inquiring a data breach in which hackers claimed to have access to 200 million user’s accounts and was selling them online.”
Now, the situation is even worse. Yahoo has disclosed that at least 500 million of its user’s accounts have been hacked. That is more victims than in any other hack in history. Today Yahoo released a statement about the breach. The report says,
“A recent investigation by Yahoo! Inc. has confirmed that a copy of particular user account information has stolen from the company’s network in 2014 by what the company believes is a state-sponsored actor. The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the majority with crypt) and, sometimes, encrypted or unencrypted security questions and answers.”
The report says that the unprotected passwords, credit cards, and bank account information are not the part of the breach, but it’s better to change your passwords and security questions. Those users who use same I’d and password for different sites should check them too.
The company did not say how long they had known about the data breach. They did not want to respond immediately to a request for comment. The company also says that “The investigation has found no evidence that the state-sponsored actor is currently on Yahoo’s network,”
The breach is going to be a setback for Yahoo. Verizon Communication Inc. Announced in July an agreement to buy Yahoo’s core internet properties for $4.83 billion, said in a statement,
“We will evaluate as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders, and related communities.”
In share market; Shares of Yahoo stock were barely changed for the day after the news, while shares of Verizon Communications Inc. which has agreed to buy the company’s Internet business, were up about 1%.