Yahoo To Confirm Massive Hack Affecting 200 Million Users

Yahoo To Confirm Massive Hack Affecting 200 Million Users
September 22 14:00 2016 Print This Article

(GIZMODO) – A report by veteran tech journalist Kara Swisher at Recode says that Yahoo is preparing to confirm a massive data breach that has impacted over 200 million users.

The extent of the breach, or whether hackers were able to gain access to users accounts, is unknown.

From RECODE:

Earlier this summer, Yahoo said it was investigating a data breach in which hackers claimed to have access to 200 million user accounts and was selling them online. “It’s as bad as that,” said one source. “Worse, really.”

The announcement, which is expected to come this week, also possible larger implications on the $4.8 billion sale of Yahoo’s core business — which is at the core of this hack — to Verizon. The scale of the liability could be large and bring untold headaches to the new owners. Shareholders are likely to worry that it could lead to an adjustment in the price of the transaction.

See the full article HERE