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Verizon, the new owners of former Internet behemoth, Yahoo, has announced that every single Yahoo account was affected by a hack.
In a statement released this week, Verizon said that an investigation had shown the breach went much further than had originally been announced, and compounds what has already been a disaster strewn few years for Yahoo.
The 2013, and subsequent 2014 breaches made headlines around the world and took the record for the world’s biggest ever hack; an unwanted record in which they have now increased their lead even further.
We never thought we’d be able to use a stock picture of Yahoo ever again. How wrong we were…
Take the Oath
It’s Yahoo’s new name, you see? The name change was supposed to mark a new direction and make a clean break from Yahoo’s recent woes. But even that news was leaked before Verizon intended.
Hard times
It’s hard to believe now that Yahoo was once valued at some $100,000,000. The last five years saw a succession of failed spin-offs, strategic blunders, falling market share, and a continual brain drain as employees jumped ship to competitors.
Verizon bought Yahoo’s ailing internet business for a mere shadow of its former market value in 2016 for a little under $5 billion. That price later dropped to $4.5 billion when news of the data breach emerged.
The stolen information included names, email addresses, phone numbers, birth dates and security questions and answers.
Valued customers
Verizon announced this week, some 3 years after the initial data breaches that it was sending emails to all the additional users who have now been revealed as being affected.
In Tuesday’s statement, Verizon’s Chief Information Officer, Chandra McMahon said: “Verizon is committed to the highest standards of accountability and transparency, and we proactively work to ensure the safety and security of our users and networks in an evolving landscape of online threats.”