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Charges Pending in Yahoo Hacking Case

Wednesday, March 15, 2017 6:41
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(Before It's News)

The U.S. Justice Department will charge four people overseas in connection with the hacking attacks against Yahoo that impacted 1.5 billion accounts.

According to a report from Bloomberg, the U.S. plans to arrest one person in Canada. The other three suspects are in Russia, sources told the publication.

The Justice Department believes the four accused took part in the online security breaches that hit Yahoo in 2013 and 2014, but only came to light last year.

So far, the Justice Department is not commenting on the matter. Comments were not forthcoming from Yahoo or Canadian authorities either.

The hacking incidents, when they came to light last fall, put in peril Yahoo’s $4.83-billion all-cash deal to sell its Internet division to Verizon. When Yahoo admitted last September to a 2014 data breach impacting 500 million user accounts, its deal with Verizon appeared to be shaky. Then, in December, when Yahoo admitted to a hack in 2013, this time affecting one billion accounts, the deal appeared to be dead in the water.

After a lot of negotiating, the deal was saved, although Yahoo had to take a $350-million cut to make up for the two major data breaches. The $4.48 billion transaction s now scheduled to go through in the second quarter of 2017.


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Source: http://www.sitepronews.com/2017/03/15/charges-pending-in-yahoo-hacking-case/

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