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Yahoo is expected to confirm data breach

Yahoo is expected to confirm data breachInternet portal and search firm Yahoo may confirm this week a massive data breach that exposed information about tens of millions of its users, technology news website Recode reported on Thursday.

While sources were unspecific about the extent of the incursion, since there is the likelihood of government investigations and legal action related to the breach, they noted that it is widespread and serious.

Earlier this summer, Yahoo said it was investigating a data breach in which hackers claimed to have access to 200 million user accounts and was selling them online. “It’s as bad as that,” said one source.

There’s nothing smooth about this hack, sources said, which became known in August when an infamous cybercriminal named “Peace” said on a website that he was selling credentials of 200 million Yahoo users from 2012 on the dark web for just over $1,800. The data allegedly included user names, easily decrypted passwords, personal information like birth dates and other email addresses.

At the time, Yahoo said it was “aware of the claim,” but the company declined to say if it was legitimate and said that it was investigating the information. But it did not issue a call for a password reset to users. Now, said sources, Yahoo might have to, although it will be a case of too little, too late.
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