Yahoo!: More than 500 million accounts hacked

“If they get your password and they guess that you used your Yahoo.com and they go out and log on to commerce bank with that then they can do some very damaging things”, says Dipper. Users. The internaut thief posted information from 200 million accounts on a dark web marketplace, offering to sell the information.

Yahoo said that it along with other companies have launched programs to detect and notify users when a company strongly suspects that a state-sponsored actor has targeted an account.

Recode reported on Thursday morning that the company was poised to confirm the compromised data, and that it was even worse than originally believed. The breach, the latest setback for the Internet company, dates back to late 2014. But it didn’t say anything or confirmed out to save its prestige. Heartland eventually paid about $140 million in fines and penalties for the data breach, and an American hacker was sentenced to 20 years in prison for his role in the attack. But Yahoo Inc, has a smart act within its decision not to spread out the news.

Yahoo announced Thursday that hackers stole a copy of the company’s user account information that may include their names, email addresses, birth dates and some people’s security questions.

Yahoo says it is working with law enforcement on the breach.

Yahoo is notifying potentially affected users and has taken steps to secure their accounts, the company said. Microsoft and other companies have a similar software or mobile apps in place, that help users authenticate any sign-ins to their accounts.

Spark has partnered with Yahoo for nine years, many of them punctuated by Yahoo security blunders.

It is not the first time Yahoo suffered a large-scale security breach.

These steps include invalidating unencrypted security questions and answers so that they can not be used to access an account and asking potentially affected users to change their passwords.

“The investigation has found no evidence that the state-sponsored actor is now in Yahoo’s network”, the company said.

Shuman Ghosemajumder, Chief Technology Officer of Shape Security, warns that the shockwaves from the breach could be felt far beyond Yahoo.

The company hasn’t said if the two incidents are connected.

The technology company headquartered in Sunnyvale, northern California, said in a website posting, titled “An Important Message About Yahoo User Security”, that it believed a state-sponsored actor was behind the incident and that an investigation had found no evidence that the actor is now in its network. More information about the breach is provided in a Yahoo FAQ.

The break-in was “widespread and serious” and is expected to be disclosed this week, the tech news website said, citing several anonymous sources close to the situation as saying. They’re going be stealing your money.