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Pandemic delays Yahoo Japan, Line merger past October

Pandemic delays Yahoo Japan, Line merger past October

Technology
The merger between online services Yahoo Japan and Line Corp. is getting pushed back to later than the scheduled October date because of the fallout from the coronavirus pandemicBy YURI KAGEYAMA AP Business WriterJune 30, 2020, 9:51 AM2 min read2 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to later than the scheduled October date. Z Holdings Corp., which operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, announced last year the merger as equal partners that will form a joint venture through a tender offer. Both sides said procedures required under law were getting delayed becau...
Yahoo engineer hacked thousands of women to steal sexual images

Yahoo engineer hacked thousands of women to steal sexual images

Technology
A software engineer at Yahoo stole sexual videos and images from thousands of young women's accounts while working at the company.Reyes Daniel Ruiz, who is no longer employed by Yahoo, pleaded guilty on Monday to using his work access to Yahoo's systems to target the women. The 34-year-old from Tracy, California, accessed 6,000 Yahoo accounts including those of personal friends and work colleagues, US prosecutors said.He used his access to their credentials to then attempt to access their iCloud, Facebook, Gmail, and DropBox accounts to search for additional material.When Yahoo discovered Ruiz's activity he destroyed the computer and hard drive he had used to store the material he had stolen, according to the US Attorney's office in the Northern District of California. ...
Yahoo: All 3bn accounts hit by 2013 data breach

Yahoo: All 3bn accounts hit by 2013 data breach

Technology
Yahoo has confirmed that a 2013 data breach affected all 3 billion of its accounts - three times the number previously reported.The disclosure came from Oath, a subsidiary of US telecomms company Verizon, which acquired Yahoo's online assets in June for $ 4.48bn.The purchase price had been cut after revelations of the 2013 data breach and another in 2014 which affected 500 million accounts and resulted in charges for Russian intelligence operatives and a pair of hackers.Regarding the 2013 breach, Oath and Verizon said the additional user accounts affected were being notified.The hack was disclosed by Yahoo in December last year, when it said that approximately one billion of its three billion users were affected.After Yahoo was acquired by Verizon, however, the company "obtained new intell...
Yahoo: 3 billion accounts breached in 2013. Yes, 3 billion

Yahoo: 3 billion accounts breached in 2013. Yes, 3 billion

Technology
Yahoo has tripled down on what was already the largest data breach in history, saying it affected all 3 billion accounts on its service, not the 1 billion it revealed late last year. The company announced Tuesday that it has sent emails providing notice to additional user accounts affected by the August 2013 data theft. The breach now affects a number that represents nearly "half the world," said Sam Curry, chief security officer for Boston-based firm Cybereason, though there's likely to be more accounts than actual users. "Whether it's 1 billion or 3 billion is largely immaterial. Assume it affects you," Curry said. "Privacy is really the victim here." Yahoo first disclosed the breach in December . The stolen information included names, email addresses, phone numbers, birthdates and secu...
Yahoo 2013 data breach hit 'all three billion accounts'

Yahoo 2013 data breach hit 'all three billion accounts'

Business
Yahoo has said that all of its three billion user accounts were affected in a hacking attack dating back to 2013.The company, which was taken over by Verizon earlier this year, said an investigation had shown the breach went much further than originally thought.The stolen data did not include passwords in clear text, payment card or bank account data, it added. Previously the internet giant had said "more than one billion" of its accounts had been hit.Yahoo said that while its latest announcement did not represent a new "security issue" it was sending emails to all the "additional affected user accounts". The company added that it was "continuing to work closely with law enforcement". Yahoo's takeover by the huge US telecoms firm Verizon was completed on 13 June. The deal was first announ...