Just as Yahoo’s sale to Verizon is pending, news of a possible, massive data breach is hitting. Earlier this summer, Yahoo had said it was investigating a data breach and now hackers are claiming to have access to 200 million user accounts and are selling them online. Tim Erlin, Senior Director of IT Security and Risk Strategy at Tripwire commented below.
Tim Erlin, Senior Director of IT Security and Risk Strategy at Tripwire:
“It can be difficult for the average consumer to understand why this type of personal data is valuable to criminals, especially since the initial reports rarely go deeper than the price the initial attacker can get for such records. Personal information, like names, email addresses and birth dates, are most often used for either phishing campaigns or identity theft. Regulators should be concerned with who will take responsibility for the response to this compromise. It can be easy for the ‘right thing to do’ to slip through the cracks in a multi-billion dollar transition. If consumers had been lulled into a sense of complacency because we haven’t seen a massive breach in a while, this should be a wake-up call.”
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.