Yahoo will change its name to Altaba following the close of its acquisition by Verizon.
Marissa Mayer will step down from the company's Board of Directors upon closing of the deal. David Filo, Eddy Hartenstein, Richard Hill, Jane Shaw and Maynard Webb will also resign from the Board.
No timeline was given for completion of the sale.
https://investor.yahoo.net/secfiling.cfm?filingID=1193125-17-5897&CIK=1011006&soc_src=mail&soc_trk=ma
Yahoo! -- One Billion Accounts Compromised
Yahoo! confirmed that hackers stole data and compromised more than one billion user accounts in August 2013. The exploit was first disclosed by Yahoo! in November and is most likely different from incident disclosed on September 22, 2016.
Separately, Yahoo previously disclosed that its outside forensic experts were investigating the creation of forged cookies that could allow an intruder to access users' accounts without a password. Based on the ongoing investigation, the company believes an unauthorized third party accessed the company's proprietary code to learn how to forge cookies. The outside forensic experts have identified user accounts for which they believe forged cookies were taken or used. Yahoo is notifying the affected account holders, and has invalidated the forged cookies. The company has connected some of this activity to the same state-sponsored actor believed to be responsible for the data theft the company disclosed on September 22, 2016.
https://yahoo.com/security-update
Separately, Yahoo previously disclosed that its outside forensic experts were investigating the creation of forged cookies that could allow an intruder to access users' accounts without a password. Based on the ongoing investigation, the company believes an unauthorized third party accessed the company's proprietary code to learn how to forge cookies. The outside forensic experts have identified user accounts for which they believe forged cookies were taken or used. Yahoo is notifying the affected account holders, and has invalidated the forged cookies. The company has connected some of this activity to the same state-sponsored actor believed to be responsible for the data theft the company disclosed on September 22, 2016.
https://yahoo.com/security-update
Yahoo Cites State Actor for Massive Security Breach
Yahoo believes a state-sponsored actor breached its network in late 2014 and may have stole names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers from at least 500 million accounts.
Yahoo said its ongoing investigation suggests that stolen information did not include unprotected passwords, payment card data, or bank account information.
http://www.yahoo.com
Yahoo said its ongoing investigation suggests that stolen information did not include unprotected passwords, payment card data, or bank account information.
http://www.yahoo.com
