Biz! Formerly! Known! As! Yahoo! Settles! Data! Breach! Cases! To! The! Tune! Of! $47m!

  • 18 September 2018
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Didja think we'd get rid of the exclaims just 'cos you're Altaba now?

 By Rebecca Hill 18 Sep 2018  

 
The company formerly known as Yahoo! is close to settling cases related to the mammoth data security breach it covered up almost four years ago at a cost of around $47m.
 
In its latest SEC filing, Altaba, as Yahoo is now known, said various legal actions spawned by the 2014 attack were nearly resolved.
 
Yahoo! execs knew that Russian hackers had stolen the firm's entire database of hundreds of millions of usernames, email addresses, phone numbers, encrypted passwords and security questions just days after the break-in happened, in December 2014.
 
Full Article.

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