Web portal Yahoo recently stated that the affected email accounts back in 2013 due to a massive data breach might impact its almost three billion users.
Yahoo already revealed on Tuesday that the possible affected email accounts are almost three billion accounts and this is actually tripled its previous estimation of one billion only.
The announcement came from the parent company of Yahoo, which is Verizon Communication and revealed that the affected email accounts back in 2013 exceeded the previous one billion hacked email accounts.
According from the news report of Reuters, Yahoo is now confirming that it is possible all its three billion users have been compromised from the massive data breach almost 4 years ago.
The web portal company stated in 2016 that about 1 million emails had been affected by the data breach and based on these recorded figures, this issue is the largest data breach in history.
Last December, Yahoo stated as quoted by the news that “names, email addresses, telephone numbers, dates of birth, hashed passwords (using MD5) and, in some cases, encrypted or unencrypted security questions and answers.”
The conducted investigation however did not establish a concrete result in identifying the hackers and if these intruders had acquired information about the users’ payment card, banking account or clear text passwords during the breach.
Yahoo already stated that they had resolved the breach in 2016 after they took the necessary actions and provided the exact security measures to their registered users. Furthermore, they informed and required all the users to change their password and must utilize encrypted security questions to prevent anyone from accessing their accounts illegally.
Verizon made an acquisition to purchase Yahoo last year amounting to $4.48 billion. The company revealed that they had worked with some forensic professionals in completing their investigation about the breach and has a “new intelligence” to prevent the same issue as detailed by the news online.
In line with this, Yahoo is making its effort to provide an immediate notification to the other billions of users who might have been affected by the problem.
Chandra McMahon stated through Financial Times that Verizon made a decision to invest Yahoo is firm and it understood the value of improving its existing security for the benefit of all its valued account holders.“We proactively work to ensure the safety and security of our users and networks in an evolving landscape of online threats,” McMahon said in her statement as quoted on the news online who is the current chief information security officer of Verizon.
Yahoo released the statement about the possible affected three billions following the grilling of Congress to the former boss of Equifax, a top credit reporting company that suffered from a massive data breach and affecting nearly 144 million of people who live in the United States.
Equifax had been continuously investigation about the problem to identify the hacking group.
Few months ago, they had conducted an internal investigation that proved that failure of the senior executives in investigating properly the main issue. This is the reason why they want to clear things right so that the problem will not arise again.
Based on the regulatory filing through the Securities and Exchange Commission, it states that, “The information security team understood that the attacker had exfiltrated copies of user database backup files containing the personal data of Yahoo users but it is unclear whether…exfiltration was effectively communicated and understood outside the information security team.”
Yahoo needs to explain better and make appropriate solutions because the affected email users need the right protection against those who might use their personal information for unlawful purposes.
Credit image: The Daily Dot