ComputerWeekly.com: Hacker attacks following Verizon purchase of Yahoo

August 2, 2016 — Hacker attacks following Verizon purchase of Yahoo

Lisa Baergen, VP at NuData Security comments on this Yahoo data breach.

Yahoo is believed to be investigating reports that a hacker has stolen 200 million of its user account details and is selling them on the dark web.

According to the BBC, Yahoo is investigating the breach.

Reports on the web suggest that a hacker called Peace, believed to have previously been part of a Russian hacking syndicate, is selling Yahoo user account details for £1,380, using bitcoin.

While some observers have said the stolen login details are relatively old, dating back to 2012, many users do not change their password and login details and often use the same login across multiple web and social media sites.

Lisa Baergen, director at NuData Security, said: “All indications are that this is an old breach (2012) prior to Yahoo changing the method in which it stores and protect passwords. This dark web “sale” of old data appears to have been triggered by the sale of Yahoo to Verizon. The hacker sent his demand for extortion to the Verizon CISO, who appears to not have taken the bait… and now the data is for sale.”

For the complete article, go here.