News related to Yahoo accounts hack have been circulating from quite some time. The recent hack news were confirmed back in September when Yahoo revealed that 500 million accounts have been breached.
Now Yahoo has announced that an illegal third party stole information related with over one billion user accounts in August 2013. According to the company, the exposed accounts may consist of “names, email addresses, telephone numbers, dates of birth, hashed passwords (using MD5) and, in certain cases, encrypted or unencrypted security questions and answers.”
The total affected accounts was double the number involved in a 2014 breach that the internet company revealed in September. And attributed hackers working on behalf of a government. Summary of that attack, which affected as a minimum 500 million accounts, impelled Verizon Communication Inc to say that it might pull out from a contract to buy Yahoo’s core internet business for $4.83 billion.
One Billion Yahoo Accounts Hacked in Massive Security Breach
After the recent revelation, Verizon said,
“We will review the impact of this new development before reaching any final conclusions.”
The company has been in talks with Verizon during its inquiry into the break and that it is assured the incident will not affect the incomplete acquirement, a Yahoo spokesperson revealed while talking to Reuters.
Yahoo also said that it considers hackers accountable for the prior breach had also retrieved the company’s proprietary code to acquire how to fake “cookies” that would permit hackers to access an account without a password.
“Yahoo badly screwed up.”
Said Bruce Schneier, a cryptologist and one of the world’s most valued security experts.
“They weren’t taking security seriously and that’s now very clear. I would have trouble trusting Yahoo going forward.”
Yahoo was hesitant in its description of new problems, saying the occurrence was “likely” different from the one it reported in September.
It said it had not yet recognized the invasion that led to the enormous data theft and noted that payment-card data and bank account information were not kept in the system the company considers was affected.
Yahoo revealed that it discovered the breach while appraising data provided to the company by law implementation. FireEye Inc’s Mandiant unit and Aon Plc’s Stroz Friedberg are supporting in the investigation, the Yahoo spokesman revealed.
The breach is a major blow for Yahoo, an internet forerunner that has tumbled on hard times in recent years. So lets see how will Yahoo compensate this incidence and whether accounts will be safe or not.