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Yahoo reported last Thursday at least 500 million user accounts were affected by a massive data breach. The hack happened in 2014, when hackers stole account information, including names, emails, passwords, telephone numbers and answers to some security questions from Yahoo servers.
According to reports, in July Yahoo began investigating claims by hackers who were offering to sell what they said were 280 million Yahoo usernames and passwords. Yahoo said it concluded the information for sale wasn't legitimate, but the company decided to broaden its probe, eventually determining that it had been breached by “a state-sponsored actor.”
The claim of a state-sponsored attack may be solely based upon the timing of the attack, 2014. In 2014, several alleged China sponsored intrusions occurred, Anthem and OPM for example, stealing millions of recorded identities. Also, by claiming a highly sophisticated state sponsored attack, this helps alleviate some corporate security management responsibility. Schneider Downs has doubts as to state sponsored origins of the attack in that organized crime, not nations, offer stolen data for sale over the Internet.
In a proxy filing related to the Yahoo-Verizon deal on Sept. 9, Yahoo said it wasn't aware of any “security breaches” or “loss, theft, unauthorized access or acquisition” of user data. The Yahoo breach appears to be the largest ever disclosed, based on the number of users affected.
First, you'll want to change your password immediately.
Second, all Yahoo account holders should also change their security questions and answers.
Third, take some overall security precautions when it comes to Internet accounts:
As always, contact Schneider Downs if you have more specific or detailed questions about IT Security or securing your personal information online.
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