American technology giant Yahoo announced that over 1 billion of its website accounts have been hacked into allowing the hackers access to its users’ information. Apparently, the cyber-attack occurred three years ago, but US law enforcement only discovered the incident one month ago notifying Yahoo, who knew nothing regarding the events.
Yahoo headquarters in California Photo Credit: Reuters/Channel 2 News
Last night (Thursday), American technology giant Yahoo announced that more than 1 billion of their account holders’ information has been stolen, making this the largest cyber-attack in history. The cyber-attack exposed last night has no connection to the cyber-attack that the company suffered three months ago, when JOL reported that 500 million Yahoo accounts had been hacked. The company’s shares plummeted by 1.35% in mere hours.
The hacking that was revealed last night most likely occurred in August 2013. Yahoo wrote in its blog that it was completely unaware of the cyber-attack until last month, when US law enforcement provided the company with proof that an unauthorized third party was able to access more than 1 billion users’ account information.
“We are taking measures towards securing users’ information and we are working closely with law enforcement,” the company stated in response to the cyber-attack’s reveal. However, Yahoo has admitted that the hacker’s identity is still unknown.