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. 

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