December 14, 2016
By Elizabeth Weise
San Francisco — Yahoo late Wednesday (click here) disclosed a breach that took place in August 2013 that may have resulted in the theft of data associated with more than one billion user accounts.
This new, 1-billion-account breach is separate from a 500-million-account breach the company disclosed in September. At the time, the 500-million-account breach was believed to be the largest on record. Yahoo shares fell 2% after hours.
The new revelation comes at a time when cybercrime issues loom large as never before.
The CIA has accused Russia of specifically attempting to tamper with the U.S. election via hacked emails, ransomware hit the nation's seventh largest transit system, in San Francisco and a monster botnet of hijacked devices took down much of the East Coast's Internet traffic for a day in October....