The impact of the infamous Yahoo security breach that occurred back in 2013 appears to be more severe than we first acknowledged. In an alarming revision to the initial forecast, the magnitude of the cyber incident has tripled. This was reported in December 2016, when Yahoo had released that roughly one billion accounts might have fallen prey to cybercriminals, who may have pilfered user data, including passwords and contact numbers. With the latest revelation from Yahoo’s new parent company, Verizon, end-user accounts affected by this egregious breach is believed to be as high as 3 billion. This updated figure implies that practically every Yahoo account might have been compromised.
In a sobering announcement, Yahoo declared:
“It is crucial to underscore that, in conjunction with Yahoo’s communique in December 2016 about the August 2013 data theft, Yahoo took decisive measures to fortify all accounts. We mandated all users who hadn’t updated their passwords since the theft took place to do so immediately. Furthermore, Yahoo invalidated unencrypted security inquiries and responses to prevent unauthorized access.”
Yahoo has resolved to inform the remaining 2 billion user accounts which were overlooked in earlier notifications. If you are a Yahoo account holder, it suggests that malevolent figures could potentially have access to your personal data such as email addresses, phone numbers, birthdays, and even passwords. This represents substantial risks as, in the current digital age, such information opens up numerous possibilities for cybercriminals. For instance, people can be tracked down on social media platforms using just your phone number or email address. Once found, a comprehensive snapshot of your life – including your likes, activities, and social network – can be compiled.
Adding to this distressing news is the dark fact that these pilfered pieces of data are often sold on the dark web at rock-bottom prices. As an immediate safeguard, you should update your Yahoo account password. However, the insidious nature of such breaches is that they have the potential to recur despite the user’s best efforts.
Amid this grim news, there might be a glimmer of relief. The hacked data did not constitute sensitive financial data, bank details of users, or plaintext passwords. Yahoo also assured that it would begin notifying accounts that were previously unreached.
After Verizon’s acquisition, Yahoo now operates under the name Oath.
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