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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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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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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News Network
July 24,2020

Melbourne, Jul 24: Home-made cloth face masks may need a minimum of two layers, and preferably three, to prevent the dispersal of viral droplets associated with Covid-19, according to a study.

Researchers, including those from the University of New South Wales in Australia, noted that viral droplets are generated by those infected with the novel coronavirus when they cough, sneeze, or speak.

As face masks have been proven to protect healthy people from inhaling infectious droplets as well as reducing the spread from those who are already infected, several types of material have been suggested for these, but based on little or no evidence of how well they work, the scientists said.

In the current study, published in the journal Thorax, the researchers compared the effectiveness of single and double-layer cloth face coverings with a surgical face mask (Bao Thach) at reducing droplet spread.

They said the single layer covering was made from a folded piece of cotton T shirt and hair ties, and the double layer covering was made using the sew method described by the US Centers for Disease Control and Prevention (CDC).

The scientists used a tailored LED lighting system and a high-speed camera to film the dispersal of airborne droplets produced by a healthy person with no respiratory infection, during speaking, coughing, and sneezing while wearing each type of mask.

Their analysis showed that the surgical face mask was the most effective at reducing airborne droplet dispersal, although even a single layer cloth face covering reduced the droplet spread from speaking.

But the study noted that a double layer covering was better than a single layer in reducing the droplet spread from coughing and sneezing.

According to the researchers, the effectiveness of cloth face masks is dependent on the number of layers of the covering, the type of material used, design, fit as well as the frequency of washing.

Based on their observations, they said a home made cloth mask with at least two layers is preferable to a single layer mask.

"Guidelines on home-made cloth masks should stipulate multiple layers," the scientists said, adding that there is a need for more research to inform safer cloth mask design.

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