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Yahoo sale to Verizon delayed, following revelation of massive security breaches

Yahoo’s $4.8bn deal to offload its main web business to Verizon Communications has been delayed. Yahoo revealed in September 2016 that the personal data of over 500 million users had been stolen by hackers in 2014. In December it disclosed that in a separate breach over one billion accounts had had their details breached in 2013. It came as reports from the US indicated Yahoo is being investigated by the Securities and Exchange Commission (SEC) over whether it should have announced the huge data breaches to investors sooner.”]

Source: https://grahamcluley.com/yahoo-sale-verizon-delayed-following-revelation-massive-security-breaches/

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