US$35mil penalty for not telling investors of Yahoo hack


  • TECH
  • Wednesday, 25 Apr 2018

FILE PHOTO: A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/File Illustration

SAN FRANCISCO: US securities regulators on Tuesday announced that Altaba will pay a US$35mil (RM136.93mil) penalty for not telling them hackers had stolen Yahoo’s “crown jewels”.  

The 2014 breach blamed on Russian hackers affected hundreds of millions of Yahoo accounts, with stolen ‘crown jewel’ data including usernames, e-mail addresses, phone numbers, birthdates, encrypted passwords, and security questions, according to the Securities and Exchange Commission. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

TI forecasts quarterly revenue above estimates on improving analog chip demand
IBM nearing deal for cloud software provider HashiCorp, source says
AI boom to fuel natural gas demand in coming years, report says
TikTok has submitted risk assessment report on TikTok Lite to EU
Apple announces event on May 7 amid reports of new iPad model launches
Walmart-backed fintech One launches 'buy now, pay later' services, source says
Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
Google invests $640 million in new data centre in Netherlands
NatWest CEO sees 'material opportunities' in AI
Trump poised to clinch $1.3 billion social media company stock award

Others Also Read