Report: Yahoo! Will Confirm “Massive” Data Breach | Hacked: Hacking Finance
user

Breaches

Report: Yahoo! Will Confirm “Massive” Data Breach

Posted on .

Report: Yahoo! Will Confirm “Massive” Data Breach

Introduction

This article was posted on Thursday, 12:34, UTC.

Yahoo! is expected to confirm its unwelcome distinction of being the victim of the largest data breach on record. A report has the tech giant is expected to disclose details of a hack that has affected some 200 million Yahoo users.

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

Yahoo! Inc., is preparing to confirm a “massive data breach” of its core service, one that could affect and expose ‘several’ hundred million user accounts.

Tech news site Recode broke the news, citing sources who noted the breach to be “widespread and serious”, with the likelihood of legal action and investigations led by the government.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

The revelation would come at a time when Yahoo is the midst of a mega-acquisition by Verizon in a $4.8 billion deal and it remains to be seen if the deal could see repercussions due to the breach.

Earlier in August, Motherboard reported that a cybercriminal hacker who goes by the moniker “Peace” was advertising the sale of 200 million Yahoo accounts. The same hacker has previously sold large data dumps of breaches related to Myspace and LinkedIn on a dark web marketplace called the Real Deal.

While the lagging technology giant admitted that it was investigating the data breach, a Recode source confirmed that the number of users affected could be more than the 200 million advertised by Peace.

“It’s as bad as that,” said the Recode source. “Worse, really.”

The data trove reportedly contains Yahoo users’ usernames, scrambled passwords, birthdates and other information, likely dated from 2012.

Peace was hawking the alleged data of 200 million users for a relatively mere 3 bitcoins, around $1900 in value at the time.

Featured image from iStock/4×6.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Samburaj Das

Samburaj Das

Samburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.

Comments
  • user

    AUTHOR c4p0ne

    Posted on 1:00 pm September 22, 2016.

    Anyone with a link or some kind of torrent to these DB leaks, please post it.

  • View Comments (3) ...
    Navigation
    The team:
    Dmitriy Lavrov
    Analyst
    Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years of trading experience. He covers Forex, Commodities and Cryptocurrencies. He is among the top 10 most Read More
    Jonas Borchgrevink
    Founder
    Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor. He shares his own personal journey on Hacked.com. // -- Discuss and ask Read More
    Mate Csar
    Analyst
    Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive Read More
    Mati Greenspan
    Analyst
    Senior Market Analyst at Etoro.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Important: Never invest Read More
    Rakesh Upadhyay
    Analyst
    Rakesh Upadhyay is a Technical Analyst and Portfolio Consultant for The Summit Group. He has more than a decade of experience as a private trader. His philosophy is to use Read More
    Pamela Meropiali
    Account Manager
    Pamela Meropiali is responsible for users on Hacked.com. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Read More
    Joseph Young
    Journalist
    Joseph Young is a finance and tech journalist & analyst based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering Read More
    Israeli police arrested two men alleged to be the co-owners…