Yahoo starts sending Cyber Attack warning emails to its users


Yahoo has started sending security warning emails to all those users whose accounts were compromised in the mega-hack which took place in between 2015-2016. However, the web services giant has declined to disclose the exact number of people who were affected by the cyber attack.

Yahoo CEO Marissa Mayer confirmed yesterday that it has started notifying its users that their accounts could have been compromised and has requested them to change their passwords in order to secure themselves from any future attacks.

The CEO also confirmed that the data compromise took place due to a state-sponsored attack which resulted in siphoning off private data of more than 1 billion users from its servers in between 2013 and 2014.

Ms. Mayer admitted that in 2015-2016, another hack took place due to forged cookies which also resulted in a data breach.

The stolen data includes emails IDs, birth dates, and answers to security questions.

Verizon which was interested in buying Yahoo for $4.8 billion in early 2017 stalled its move after it learned about the hack on Yahoo servers.
On Wednesday, MS Mayer admitted that the mega-hack has surely shown some influence on the deal of Verizon buying Yahoo. She also disclosed that her company has decided to offer a $300 million discount to the potential buyer (Verizon).

In December 2016, reports emerged that Verizon’s board of Directors are showing disinterest in buying Yahoo after media reports emerged that more than 1 billion Yahoo user accounts were compromised.
Chinese e-commerce company Alibaba showed interest in buying Yahoo on an immediate note. It also sent some feelers to some big media giants on its intentions to acquire Yahoo.

But Yahoo CEO Marissa Mayer has refuted the reports of Alibaba buying Yahoo and said that the deal of Verizon buying Yahoo was still on.

As per our reliable sources, Yahoo’s CEO Marissa Mayer is about to resign to her post in mid-2017. But she wants to disclose her intentions after the telecom giant Verizon acquires Yahoo.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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