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Former Yahoo CEO, Equifax CEO to testify at U.S. Senate hearing
2Nov By reutersNo Comments
USA

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

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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Yahoo Says All 3 Bn Accounts Hacked In 2013 Data Theft
4Oct By reutersNo Comments
News

Yahoo Says All 3 Bn Accounts Hacked In 2013 Data Theft

Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased the legal exposure of its new owner, Verizon Communications Inc. The news expands the likely number and claims of class action lawsuits by shareholders and Yahoo account holders, they said. Yahoo, the early face of the internet for many in the world, already faced at least 41 consumer class-action lawsuits in U.S. federal and state courts, according to company securities filing in May. John Yanchunis, a lawyer representing some of the affected Yahoo users, said a federal judge who allowed the case to go forward still had asked for more information to justify his clie...
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