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Marissa Mayer, former CEO of Yahoo on Wednesday, apologised for the two historic data breaches at their company. She blamed the Russian agents, saying they were behind at least one of these breaches, at a hearing on the growing number of cyber attacks on major U.S. companies. ”As CEO, these thefts occurred during my tenure, and I want to sincerely apologise to each and every one of our users,” she told the Senate Commerce Committee, testifying alongside the interim and former CEOs of Equifax Inc and a senior Verizon Communications Inc executive. “Unfortunately, while all our measures helped Yahoo successfully defend against the barrage of attacks by both private and state-sponsored hackers, Russian agents intruded on our systems and stole our users’ data.” she added. Yahoo's most of t...

Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. Verizon Communications Inc, the largest U.S. wireless operator, acquired most of Yahoo Inc’s assets in June. Yahoo disclosed in October that a 2013 data breach affected all 3 billion of its accounts, compared with an estimate of more than 1 billion disclosed in December. The Senate Commerce Committee said Mayer, interim Equifax CEO Paulino do Rego Barros Jr. and former Equifax CEO Richard Smith would testify, as well as Karen Zacharia, Verizon’s deputy general counsel and chief privacy officer. Verizon and Equifax did not immediately comment. Mayer plans to appear, a representative fo...

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Former Yahoo CEO Apologizes For Data Breaches, Blames Russians

Former Yahoo CEO, Equifax CEO to testify at U.S. Senate hearing