Yahoo admits all three billion accounts hacked in 2013 data breach

Wednesday 4 October 2017 13:17 CET | News

Yahoo has announced that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, according to Reuters.

In December 2016, Yahoo said that data from more than 1 billion accounts was compromised in 2013, the largest of a series of thefts that forced Yahoo to cut the price of its assets in a sale to Verizon. Nevertheless, “recently obtained new intelligence” showed all user accounts had been affected. The company said the investigation indicated that the stolen information did not include passwords in clear text, payment card data, or bank account information.

The news expands the likely number and claims of class action lawsuits by shareholders and Yahoo account holders. Yahoo already faced at least 41 consumer class-action lawsuits in the US federal and state courts, according to company securities filing in May 2017.

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Keywords: Yahoo, data breaches, cybercriminals, security, Verizon, online security, identity theft, digital identity
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions