Yahoo to Confirm Massive Hack Affecting 200 Million of Its Users

1 billion user details for sale on the dark web

[Update]: Yahoo has released the official argument, confirming that the telescopic of alienation wasmuch widerthan previously believed. The visitor has likewise suggested that the hack was carried out by "land-sponsored actors." More details can exist found in the statement.

Yahoo was ane of the many companies who was affected by massive information dumps this year. Reports dorsum in August claimed that the credentials of over 200 one thousand thousand Yahoo users were beingness sold on the dark spider web. The company is now finally ready to own up to that information dump. Co-ordinate to Recode, Yahoo is expected to confirm the hack of over 200 million of its users later on today.

Awkward timing every bit Yahoo'southward endmost a $4.eight billion sale to Verizon

Citing insider sources, Recode is reporting that the company is preparing to publicly confirm the hack. There is no information most the number of users affected that Yahoo will confirm. Kara Swisher, a veteran tech announcer said in her post (emphasis is ours):

Earlier this summer, Yahoo said it was investigating a data breach in which hackers claimed to have access to 200 million user accounts and was selling them online. "It's equally bad as that," said ane source. "Worse, really."

The announcement, which is expected to come this week, also possible larger implications on the $4.8 billion sale of Yahoo's core business — which is at the cadre of this hack — to Verizon. The scale of the liability could be large and bring untold headaches to the new owners. Shareholders are likely to worry that information technology could lead to an adjustment in the toll of the transaction.

Earlier in Baronial, a hacker named "Peace" contacted Motherboard claiming that he was selling credentials of 200 million Yahoo users from 2022 on the nighttime web for but over $ane,800. Another massive breach that was carried out in 2022 but information was dumped this yr, Yahoo never went public about this hack. The data included in the dump independent usernames, date of births, email addresses, and encrypted passwords. Apart from Yahoo, hackers released information of MySpace, LinkedIn, and Tumblr users among several other companies that were hacked in 2022.

While Yahoo's information dump was made public in August, the company's confirmation is expected to cause some ruffles in the marketplace. Yahoo is selling its core business, including Mail and Search, to Verizon for $4.8 billion. This latest attention to the massive breach might bring added worries for the tech visitor.