Yahoo says one billion accounts exposed in newly discovered security breach

December 15, 2016

Dec 15: Yahoo Inc (YHOO.O) warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history.

yahooThe number of affected accounts was double the number implicated in a 2014 breach that the internet company disclosed in September and blamed on hackers working on behalf of a government. News of that attack, which affected at least 500 million accounts, prompted Verizon Communication Inc (VZ.N) to say in October that it might withdraw from an agreement to buy Yahoo's core internet business for $4.83 billion. Following the latest disclosure, Verizon said, "we will review the impact of this new development before reaching any final conclusions." A Yahoo spokesman told Reuters that the company has been in communication with Verizon during its investigation into the breach and that it is confident the incident will not affect the pending acquisition.Yahoo required all of its customers to reset their passwords - a stronger measure than it took after the previous breach was discovered, when it only recommended a password reset.

Yahoo also said Wednesday that it believes hackers responsible for the previous breach had also accessed the company"s proprietary code to learn how to forge "cookies" that would allow hackers to access an account without a password."Yahoo badly screwed up," said Bruce Schneier, a cryptologist and one of the world's most respected security experts. "They weren't taking security seriously and that's now very clear. I would have trouble trusting Yahoo going forward."Yahoo was tentative in its description of new problems, saying the incident was "likely" distinct from the one it reported in September and that stolen information "may have included" names, e-mail addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, encrypted or unencrypted security questions and answers.

It said it had not yet identified the intrusion that led to the massive data theft and noted that payment-card data and bank account information were not stored in the system the company believes was affected.Yahoo said it discovered the breach while reviewing data provided to the company by law enforcement. FireEye Inc"s (FEYE.O) Mandiant unit and Aon Plc's (AON.N) Stroz Friedberg are assisting in the investigation, the Yahoo spokesman told Reuters.The breach is the latest setback for Yahoo, an internet pioneer that has fallen on hard times in recent years after being eclipsed by younger, fast-growing rivals including Alphabet Inc's (GOOGL.O) Google and Facebook Inc (FB.O).

Hours before it announced the breach on Wednesday, executives with Google, Facebook and other large U.S. technology companies met with President-elect Donald Trump in New York. Reflecting its diminished stature, Yahoo was not invited to the summit, according to people familiar with the meeting.The Yahoo spokesman said Chief Executive Marissa Mayer was at the company's Sunnyvale, California headquarters to assist in addressing the new breach. Yahoo shares were down 2.4 percent to $39.91 in extended trading. Verizon shares were little changed from their close at $51.63. (Reporting by Jim Finkle in Boston and Anya George Tharakan in Bengaluru; Additional reporting by Dustin Volz in Washington and Jessica Toonkel in New York; Editing by Savio D'Souza, Bernard Orr)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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News Network
June 30,2020

Bengaluru, Jun 30: Karnataka Chief Minister BS Yediyurappa on Monday launched 'Skill Connect Forum' and said that the government is committed to provide impetuous to creating jobs by reviving economic and industrial activities.

The 'Skill Connect Forum' portal connects both private entrepreneurs and job seekers on the same platform.

After launching the forum, the Chief Minister said that the portal provides information on jobs available and who needs a job. "Under this forum, an unemployed will be imparted skills and then enabled to get a job," Yediyurappa said.
Besides providing jobs via registration, the portal also provides a skilled pool of people for those looking to hire, he added.

Deputy Chief Minister Dr CN Ashwath Narayan, who is also the Skill Development Minister said that portal will be a boon to the youth seeking jobs and it will avoid unemployment issue to a great extent.

"All these years, there was no information and communication between job seekers and recruiters. The portal will solve that problem," he said.

Narayan said that there was no proper information on skilled workers and job market. Moreover, skill development was not in sync with the market. All these issues have been addressed by the portal, he added.

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Agencies
June 22,2020

Chennai, Jun 22: Commuting the death sentence to life imprisonment for five convicts, the Madras High Court on Monday set free Chinnasamy, the main convict, who had also been sentenced to death in the Udumalpet Shankar honour killing case.

A Division Bench comprising Justice M. Sathyanarayanan and Justice M. Nirmal Kumar also dismissed the appeal by the state police against the acquittal of three persons by a lower court.

The Bench ordered the five convicts sentenced for life to undergo a jail term of not less than 25 years.

In 2016, V. Shankar, who had married C. Kausalya, was killed by a gang in Udumalpet in Tamil Nadu. The gang also injured Kausalya in the attack.

It was alleged the parents of Kausalya -- Chinnasamy, Annalakshmi -- were against the marriage.

P. Pandidurai, the uncle of Kausalya at the behest of Chinnasamy and Annalakshmi had hired a gang to kill Shankar.

The gang killed Shankar in broad daylight in a public place and Kausalya too got injured in the attack as she tried to save her husband.

The Principal District and Sessions Court in Tiruppur had convicted and sentenced to death six accused persons -- Chinnasamy, P. Jagadeesan, P. Selvakumar, M. Manikandan, M. Mathan alias Michael and P. Kalaithamilvaanan.

The court also sentenced two other accused, K. Dhanraj for life and Manikandan to a five year jail term, while acquitting Annalakshmi, Pandidurai and Prasanna.

The convicts had filed an appeal against their sentence in the Madras High Court while the police filed an appeal against the acquittal of three persons.

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Agencies
January 12,2020

Washington D.C., Jan 12: A recent study has claimed that people end up wasting almost an entire day when they take a vacation.

This can happen while standing in a queue or searching for places to visit, people do not keep a count of the time they have actually utilised during the trip. As a result, they end up doing much lesser activities than they originally had planned.

According to a recent report in Fox News, the study has also shared the fact that people try to justify time waste with planning and scheduling activities whereas the truth is that these things can be done well ahead to save time during the trip.

The average time waste according to the study commissioned by Sykes Holiday Cottages also said the people taking a seven days' trip waste a minimum of 17-and-a-half hours to figure out various factors.

But there are other causes involved as well. When one visits any crowded location, the real-time spent to enjoy the location is lesser than the time spent on reaching and trying to get involved. For instance, if one visits an amusement park, the activities take lesser time than the preparatory and other phases.

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