Yahoo: Over 1 billion user accounts compromised

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To minimize the damage, Yahoo is alerting affected customers and requiring them to change their passwords. But the scale of the hack and the time that has passed since it happened suggests that few of the company’s customers were unaffected. Given the size of the two hacks, many Yahoo users are likely to have had their information stolen more than once.

Yahoo has said it has more than 1 billion users worldwide, though the company’s fortunes have been sagging for years as other tech companies have snatched away pieces of its search, email and other Web-based businesses.

Yahoo encourages users to review all of their online accounts for suspicious activity and to change their passwords and security questions and answers for any other accounts on which they use the same or similar information used for their Yahoo account,” the company said in a statement. “The company further recommends that users avoid clicking links or downloading attachments from suspicious emails and that they be cautious of unsolicited communications that ask for personal information.”
Regarding the deal with Verizon, Yahoo said in a statement, “We are confident in Yahoo’s value and we continue to work towards integration with Verizon.”

Verizon spokesman Bob Varettoni said: “As we’ve said all along, we will evaluate the situation as Yahoo continues its investigation. We will review the impact of this new development before reaching any final conclusions.”

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