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Yahoo To Go Public About Massive Data Breach Affecting its 500 Million Users

Back in August, It was reported by Motherboard that hacker named “Peace” claimed to have breached Yahoo and put that usernames and passwords on Dark Web to sold up to 500 million accounts.

Now, Yahoo is expected to acknowledge about this massive data leak which took place last months with more then 200 million of users account usernames and passwords were dumped, Recode reports. While there is no confirmed information about the extent of the breach yet, the sources say that it is “widespread and serious” with the possibility of legal action and investigations led by the government.

The same hacker has already sold huge number of Data Dumps on Dark web related to Myspace and LinkedIn on a marketplace called Real Deal. That data includes Usernames, Passwords, Birthdays, and Email addresses from 2012.

The Hacker was able to sold that Yahoo Data Dumps for 3 bitcoins which worth $2000 USD. However yahoo didn’t seems to alert for password resets.

This news comes at a time when Yahoo is the middle of a mega-acquisition by Verizon in a $4.8 billion deal, which is yet to be approved by regulators and shareholders. So, it would be interesting to see if the deal would face repercussions due to the breach.

Noor Qureshi

Experienced Founder with a demonstrated history of working in the computer software industry. Skilled in Network Security and Information Security.

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