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Yahoo admits data breach may affect Verizon acquisition

Discussion in 'News & Current Events' started by Rustys, Nov 10, 2016.

  1. Rustys

    Rustys Registered Members

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    Yahoo admits data breach may affect Verizon acquisition

    In its latest SEC filing, Yahoo admits some people knew of the 2014 breach shortly after, that the true cost of the breach is still unknown, and that the breach could affect its deal with Verizon.

    Yahoo has for the first time admitted that staff knew about the data breach two years before it was confirmed publicly, and that the incident could affect the $4.83bn sale deal with Verizon.

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