Profile image
By SiteProNews (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Charges Pending in Yahoo Hacking Case

Wednesday, March 15, 2017 6:41
% of readers think this story is Fact. Add your two cents.

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.


The post Charges Pending in Yahoo Hacking Case appeared first on SiteProNews.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.