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Verizon’s Yahoo Breach Question: What’s ‘Material’?

Verizon CEO Lowell McAdam says he was “not that shocked” to learn of Yahoo data breach. McAdam: “We still see a real value to the asset there” McAdam dismissed reports Verizon is demanding a $1 billion discount on the $4.8 billion Yahoo deal. Verizon is reportedly awaiting the full results of a digital forensic investigation into the record-setting Yahoo breach to ascertain whether it will revise its $4 billion bid to buy the search firm. But aside from some breached cybersecurity firms, data breaches have rarely been fatal, and firms typically rebound, seeing no long-term effect.”]

Source: https://www.cuinfosecurity.com/blogs/verizons-yahoo-breach-question-whats-material-p-2279

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