Economy

Former Yahoo CEO says no company or agency immune from hacks

The hearing will feature testimony from a current and a former official who worked on the response to Yahoo!'s 2013 data breach, which the company announced only last month affected all 3 billion user accounts, as well as the current and former CEO of Equifax, which suffered a 2017 breach reported to affect approximately 145 million individuals, including sensitive personal and financial information.

USA lawmakers will grill current and former executives from Equifax and Yahoo at a hearing today focused on security breaches at their companies that have affected billions of internet users.

"To this day, as I understand it, we still have not been able to identify the intrusion that led to that theft", Mayer said during a congressional hearing on Wednesday. Verizon closed its $4.5 billion acquisition of Yahoo in June, when Mayer resigned from the company. "We verified that it came from Yahoo, but we don't exactly understand how the act was perpetrated", she told the committee.

Yahoo only learned about the hack last November, when United States law enforcement presented the company with the stolen information, Mayer said. In October, it said that as it was integrating Yahoo into its systems, it obtained new intelligence that all Yahoo user accounts were affected by the August 2013 theft.

In Yahoo's case, stolen information for billions of users included names, email addresses, phone numbers, birthdates and security questions and answers.

Mayer apologized for both breaches and said that its hard for companies to fight against state-sponsored attackers who "tend to be more sophisticated, more persistent and who attack more targets.They're very good at hiding their tracks", she said.

Notably, while Mayer is no longer with the company, Verizon Chief Privacy Officer Karen Zacharia, also present on the panel, did not chime in to disagree with that assessment.



Like this

loading...
loading...

Latest


08 November 2017
Puigdemont se entrega a la policía en Bélgica
La Fiscalía española acusa a Puigdemont y a los miembros de su gobierno de los delitos de rebelión , sedición y malversación de fondos públicos.

08 November 2017
Pregnant Kate opens up about leaving Prince George at the school gates
After weeks of suffering from extreme morning sickness, it seems like the former Kate Middleton may finally be on the up and up. We are all working to give children the emotional strength they need to face their futures and thrive.

08 November 2017
How IUDs Go Beyond Birth Control to Possibly Prevent Cervical Cancer
The global cervical cancer therapies and diagnostics market is segmented into diagnostics tests, therapies, end user, and region. Unfortunately, HPV is so widespread that many contract the virus as soon as they initiate sexual activity, Cortessis continued.

08 November 2017
Boy with rare disease gets new skin with gene therapy
The complicated treatment will not be cheap. "I'd say that this epidermis will stay basically forever", De Luca said. The now 9-year-old's customized stem cells are indeed stored in the lab, ready in case he needs a patch someday.

08 November 2017
Top chef Antonio Carluccio dies after fall at home
Carluccio will live on through his eponymous Italian restaurant chain Carluccio's, which was founded in 1999. In 2007, he received an OBE from the Queen for his services to the catering industry.

08 November 2017
Following The Mummy's Failure, Dark Universe Series Looks Dead As Bosses Quit
Kurtzman and Morgan were set to orchestrate the universe, with Kurtzman making his feature film directorial debut on The Mummy . So squatters take note, you could be the next Steven Spielberg (look up your history folks, if you don't catch that reference).

08 November 2017
Judge Slaps Gag Order On Everyone Involved In Manafort-Gates Case
She spoke after lawyer Kevin Downing told the media on the courthouse steps that the charges against Manafort were "ridiculous". The rules are targeted at comments likely to affect the outcome of a trial or the impartiality of jurors.

08 November 2017
Ford signs $756M deal with Chinese company for electric auto plant
Deliveries of such vehicles rose 53% to 507,000 units in 2016, according to the China Association of Automobile Manufacturers. China is implementing a cap-and-trade framework next year that will penalize companies that don't meet fleet-based limits.

08 November 2017
Nothing Says Happy Holidays Like A Keg Of Ranch Dressing
The holiday ranch fountain consists of four tiers and a holiday-themed skirt for $110. Plus, the keg's special coating meets FDA regulations, keeping everything fresh.

08 November 2017
Saudi crown prince accuses Iran of 'direct aggression'
Rouhani further said that the Yemenis' use of their own weapons is a response to the bombardment of their cities at a large scale. You do not allow delivery of medicine, food and United Nations assistance to the Yemenis.