[Music]
experts are calling it the largest
Internet hack in history they’re very
very good at hiding their tracks and and
persisting within the network welcome to
watchmojo.com where we break down news
stories that should be on your radar
almost accepting that this is inevitable
and it’s not in this installment we’re
counting down five crucial facts you
should know about the Yahoo accounts
hacked and this is the largest number of
records stolen in any breach in the
history of well the Internet
number five what was the extent of the
hack on September 22nd 2016 the American
technology giant Yahoo revealed that it
had been subject to a massive security
breach in late 2014 as part of the hack
the details from a reported 500 million
user accounts are said to have been
stolen in what Yahoo claims is a
state-sponsored attack and in what
analysts believe could be the largest
internet data breach in history details
including account holder names email
addresses phone numbers hash passwords
and security questions and answers are
believed to be among the hackers Hall
however yahoo has said that it does not
believe unprotected passwords or bank
and credit card information has been
jeopardized the revelations come weeks
after Yahoo opened an investigation into
claims that details from at least 200
million user accounts were being sold on
the dark web earlier in the summer the
problem has since been proven worse than
first thought
and the story breaks just two months
after Yahoo’s four point eight billion
dollar sale to Verizon which claims that
it learned of the hack just hours before
mainstream media reports emerged number
4 how big is Yahoo Incorporated founded
by Jerry Yang and David Philo in 1994
Yahoo was one of the first big internet
brands it operates as a search engine
news media and social media service and
is one of the most popular email
providers on the planet between 500 and
700 million users reportedly utilize
Yahoo services every month in more than
30 languages when news of the data
breach emerged it was the fifth most
visited website in the world despite all
the stellar statistics however yahoo has
been in relative decline since the turn
of the century with Verizon’s 4.8
billion dollar potential purchase
showing a hugely reduced price
considering the company was once valued
at more than
100 billion dollars Forbes labeled the
sale as quote the saddest 5 billion
dollar deal in tech history the eighth
and seemingly final CEO of Yahoo Marissa
Meyer has a net worth of around four
hundred and thirty million dollars and
Meyer had stood to receive a severance
package worth close to fifty million
dollars however in light of September
2016 s data breach it remains to be seen
whether the Yahoo Verizon deal will
close number three who is responsible
for the hack there is still a degree of
confusion concerning who hacked Yahoo
and why it is believed that Yahoo’s
initial investigation was triggered
after a well-known hacker going by the
name of peace claimed responsibility for
a data dump of about 200 million account
details on the dark web marketplace
reportedly selling them for around two
thousand dollars some reports say that
the first investigation drew no evidence
but did lead to discovery of another
separate hack yahoo has said that they
believe this breach to have been
conducted by a government backed hacker
though they are yet to name the nation
believed to be responsible users are
calling Yahoo to accept its own share of
blame however and the company is even
being sued for gross negligence in some
countries a major lawsuit was filed in
California on Friday September 23rd 2016
1 day after news of the hack emerged New
York resident Ronald Schwartz filed on
behalf of all American yah-hoo users
arguing that the company had failed to
deliver on previous promises to take
user privacy seriously and that it
should be punished for taking almost two
years to uncover and reveal the hack
number two what is being done to fix the
problem in the aftermath of the data
breach yahoo has urged all of its users
to change their passwords immediately to
change or delete security questions and
to consider changing details for any
other online accounts with a similar
password going forward Yahoo users and
Internet users in general have been
reminded of the importance of changing
passwords regularly keeping them
unpredictable and individual from one
account to another the company has also
asked its users to be alert to any
suspicious activity and to check through
their account especially in the sent
items folder
finally users are recommended to turn on
two-factor authentication which adds a
second line of defense to any account
yahoo has said that it will work to
contact users believed to have been
directly affected to advise them to
their best plan
action the company is also working
alongside the FBI to investigate how the
breach occurred and who exactly was
behind it
yahoo has so far declined to comment on
Schwartz’s reported lawsuit or on
mounting questions as to why it has
taken so long for the 2014 act to come
to light
number one what does this mean for
Yahoo’s future Yahoo was a company under
pressure before the data hack though
still considered an industry giant it
has long been usurped at the Internet’s
topmost table by the likes of Google and
Facebook now confidence in Yahoo is
expected to fall to an all-time low and
analysts have predicted a series of
financial blows to follow its way
Rollins watches legal action could prove
the first of many challenges for the
company and Verizon could yet seek to
renegotiate the sale of Yahoo’s internet
business it remains to be seen whether
Yahoo or the FBI can identify who is
responsible for the hack whether they
really did receive state support and
from which government they received it
Yahoo’s overall reputation appears
irreparably damaged regardless as
subject to one of the largest and widest
reaching internet data breaches ever
seen there doesn’t seem to be an easy
solution to the company’s problems did
these facts get you thinking you don’t
have to think that everything that you
put online is available to be stolen to
vote for which news story is covered
next
head over to watchmojo.com flash jest
and be sure to hit that subscribe button
for more news where the top 5s published
every week they have such immense
surface area that even yahoo itself is
not necessarily aware of every single
server or every single application that
they support
[Music]
experts are calling it the largest
Internet hack in history they’re very
very good at hiding their tracks and and
persisting within the network welcome to
watchmojo.com where we break down news
stories that should be on your radar
almost accepting that this is inevitable
and it’s not in this installment we’re
counting down five crucial facts you
should know about the Yahoo accounts
hacked and this is the largest number of
records stolen in any breach in the
history of well the Internet
number five what was the extent of the
hack on September 22nd 2016 the American
technology giant Yahoo revealed that it
had been subject to a massive security
breach in late 2014 as part of the hack
the details from a reported 500 million
user accounts are said to have been
stolen in what Yahoo claims is a
state-sponsored attack and in what
analysts believe could be the largest
internet data breach in history details
including account holder names email
addresses phone numbers hash passwords
and security questions and answers are
believed to be among the hackers Hall
however yahoo has said that it does not
believe unprotected passwords or bank
and credit card information has been
jeopardized the revelations come weeks
after Yahoo opened an investigation into
claims that details from at least 200
million user accounts were being sold on
the dark web earlier in the summer the
problem has since been proven worse than
first thought
and the story breaks just two months
after Yahoo’s four point eight billion
dollar sale to Verizon which claims that
it learned of the hack just hours before
mainstream media reports emerged number
4 how big is Yahoo Incorporated founded
by Jerry Yang and David Philo in 1994
Yahoo was one of the first big internet
brands it operates as a search engine
news media and social media service and
is one of the most popular email
providers on the planet between 500 and
700 million users reportedly utilize
Yahoo services every month in more than
30 languages when news of the data
breach emerged it was the fifth most
visited website in the world despite all
the stellar statistics however yahoo has
been in relative decline since the turn
of the century with Verizon’s 4.8
billion dollar potential purchase
showing a hugely reduced price
considering the company was once valued
at more than
100 billion dollars Forbes labeled the
sale as quote the saddest 5 billion
dollar deal in tech history the eighth
and seemingly final CEO of Yahoo Marissa
Meyer has a net worth of around four
hundred and thirty million dollars and
Meyer had stood to receive a severance
package worth close to fifty million
dollars however in light of September
2016 s data breach it remains to be seen
whether the Yahoo Verizon deal will
close number three who is responsible
for the hack there is still a degree of
confusion concerning who hacked Yahoo
and why it is believed that Yahoo’s
initial investigation was triggered
after a well-known hacker going by the
name of peace claimed responsibility for
a data dump of about 200 million account
details on the dark web marketplace
reportedly selling them for around two
thousand dollars some reports say that
the first investigation drew no evidence
but did lead to discovery of another
separate hack yahoo has said that they
believe this breach to have been
conducted by a government backed hacker
though they are yet to name the nation
believed to be responsible users are
calling Yahoo to accept its own share of
blame however and the company is even
being sued for gross negligence in some
countries a major lawsuit was filed in
California on Friday September 23rd 2016
1 day after news of the hack emerged New
York resident Ronald Schwartz filed on
behalf of all American yah-hoo users
arguing that the company had failed to
deliver on previous promises to take
user privacy seriously and that it
should be punished for taking almost two
years to uncover and reveal the hack
number two what is being done to fix the
problem in the aftermath of the data
breach yahoo has urged all of its users
to change their passwords immediately to
change or delete security questions and
to consider changing details for any
other online accounts with a similar
password going forward Yahoo users and
Internet users in general have been
reminded of the importance of changing
passwords regularly keeping them
unpredictable and individual from one
account to another the company has also
asked its users to be alert to any
suspicious activity and to check through
their account especially in the sent
items folder
finally users are recommended to turn on
two-factor authentication which adds a
second line of defense to any account
yahoo has said that it will work to
contact users believed to have been
directly affected to advise them to
their best plan
action the company is also working
alongside the FBI to investigate how the
breach occurred and who exactly was
behind it
yahoo has so far declined to comment on
Schwartz’s reported lawsuit or on
mounting questions as to why it has
taken so long for the 2014 act to come
to light
number one what does this mean for
Yahoo’s future Yahoo was a company under
pressure before the data hack though
still considered an industry giant it
has long been usurped at the Internet’s
topmost table by the likes of Google and
Facebook now confidence in Yahoo is
expected to fall to an all-time low and
analysts have predicted a series of
financial blows to follow its way
Rollins watches legal action could prove
the first of many challenges for the
company and Verizon could yet seek to
renegotiate the sale of Yahoo’s internet
business it remains to be seen whether
Yahoo or the FBI can identify who is
responsible for the hack whether they
really did receive state support and
from which government they received it
Yahoo’s overall reputation appears
irreparably damaged regardless as
subject to one of the largest and widest
reaching internet data breaches ever
seen there doesn’t seem to be an easy
solution to the company’s problems did
these facts get you thinking you don’t
have to think that everything that you
put online is available to be stolen to
vote for which news story is covered
next
head over to watchmojo.com flash jest
and be sure to hit that subscribe button
for more news where the top 5s published
every week they have such immense
surface area that even yahoo itself is
not necessarily aware of every single
server or every single application that
they support
[Music]
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