Yahoo Under SEC Investigation for Not Disclosing Massive Data Breach Sooner

Yahoo is under investigation from the Securities and Exchange Commission over its failure to disclose its massive data breaches sooner, according to The Wall Street Journal.

In September 2016, the internet company revealed that an unidentified hacker had stolen the personal data of "at least" 500 million users. Then last month, the internet company admitted that over one billion Yahoo user accounts had been compromised in a hack dating back to August 2013. Information stolen included names, email addresses, phone numbers, birth dates, hashed passwords, security questions and answers.

yahoo
According to today's report, the SEC is investigating why Yahoo waited years before disclosing the massive data breach, despite the fact that some staff had known about the incident since at least 2014. The SEC has requested documents from Yahoo relating to the hacks in order to decide whether the internet giant could have reported the breach to investors sooner.

Yahoo is currently negotiating a takeover bid by Verizon, who is reportedly seeking a $1 billion discount off an original $4.8 billion buyout agreement because of the hacking revelations. It's unclear what impact the SEC investigation will have on the deal, but Yahoo's share price had already fallen following the news.

Tag: Yahoo

Popular Stories

iPhone 17 Pro 3 4ths Perspective Aluminum Camera Module 1

iPhone 17 Pro Launching Later This Year With These 12 New Features

Sunday April 13, 2025 7:52 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of April 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...
Apple 2025 Thumb 1

10 Products Still Coming From Apple in 2025

Friday April 11, 2025 4:14 pm PDT by
Apple may have updated several iPads and Macs late last year and early this year, but there are still multiple new devices that we're looking forward to seeing in 2025. Most will come in September or October, but there could be a few surprises before then. We've rounded up a list of everything that we're still waiting to see from Apple in 2025. iPhone 17, 17 Air, and 17 Pro - We get...
Beyond iPhone 13 Better Triad

Apple's 20th Anniversary iPhone May Finally Go All Screen

Tuesday April 15, 2025 6:31 am PDT by
Apple is preparing a "bold" new iPhone Pro model for the iPhone's 20th anniversary in 2027, according to Bloomberg's Mark Gurman. As part of what's being described as a "major shake-up," Apple is said to be developing a design that makes more extensive use of glass – and this could point directly to the display itself. Here's the case for Apple releasing a truly all-screen iPhone with no...
iOS 19 Roundup Feature

iOS 19 Will Add These New Features to Your iPhone

Tuesday April 15, 2025 7:37 am PDT by
The first iOS 19 beta is less than two months away, and there are already a handful of new features that are expected with the update. Apple should release the first iOS 19 beta to developers immediately following the WWDC 2025 keynote, which is scheduled for Monday, June 9. Following beta testing, the update should be released to the general public in September. Below, we recap the key...
Foldable iPhone 2023 Feature Homescreen

Foldable iPhone Resolutions Leak With Under-Screen Camera Tipped

Monday April 14, 2025 3:12 am PDT by
Apple's upcoming foldable iPhone (or "iPhone Fold") will feature two screens as part of its book-style design, and a Chinese leaker claims to know the resolutions for both of them. According to the Weibo-based account Digital Chat Station, the inner display, which is approximately 7.76 inches, will use a 2,713 x 1,920 resolution and feature "under-screen camera technology." Meanwhile, the...
iPad Pro iPadOS

iPadOS 19 Will Be 'More Like macOS' in Three Ways

Sunday April 13, 2025 6:43 am PDT by
A common complaint about the iPad Pro is that the iPadOS software platform fails to fully take advantage of the device's powerful hardware. That could soon change. Bloomberg's Mark Gurman today said that iPadOS 19 will be "more like macOS." Gurman said that iPadOS 19 will be "more like a Mac" in three ways:Improved productivity Improved multitasking Improved app window management...
Apple Vision Pro with battery Feature Blue Magenta

Vision Pro 2 Rumored to Have Two Key Advantages Over Current Model

Sunday April 13, 2025 7:15 am PDT by
Apple is working on a new version of the Vision Pro with two key advantages over the current model, according to Bloomberg's Mark Gurman. Specifically, in his Power On newsletter today, Gurman said Apple is developing a new headset that is both lighter and less expensive than the current Vision Pro, which starts at $3,499 in the U.S. and weighs up to 1.5 pounds. Gurman said Apple is also...
Apple Bristol Current

An Apple Store in the UK is Permanently Closing Later This Year

Monday April 14, 2025 7:33 am PDT by
Apple has confirmed that it will be permanently closing its retail store in the heart of Bristol, England, and there is no replacement in sight. Apple Bristol in 2023 Apple Bristol will be closing its doors on Saturday, August 9, due to redevelopment plans at the Cabot Circus Shopping Centre, and the adjacent Bristol Shopping Quarter. According to news reports, and a building application, the ...
iPhone 6s MacRumors YouTube

Apple Says These Products Are Now Vintage

Tuesday April 15, 2025 9:53 am PDT by
Apple today updated its vintage products list to add the 2018 Mac mini and the iPhone 6s, devices that will get more limited service and repairs now that they are considered vintage. The iPhone 6s initially launched in 2015, but Apple kept it around as a low-cost device until 2018, which is why it is only now being added to the vintage list. The iPhone 6s had Apple's A9 chip, and it was...

Top Rated Comments

44267547 Avatar
107 months ago
Yahoo is really disappointing what happened these last few years and how their security deteriorated. Yahoo never used to be like this in the years past, now its a mine field loaded with click bait and garbage posts.

Whatever Yahoo has coming to them, they earned it.
Score: 10 Votes (Like | Disagree)
Wally4000 Avatar
107 months ago
I am lost for words how this fits into the Mac Blog!
Score: 5 Votes (Like | Disagree)
maflynn Avatar
107 months ago
Its about time, I was wondering how they were able to get away with sweeping it under the rug like they did.
Score: 4 Votes (Like | Disagree)
Borin Avatar
107 months ago
Wow, that's one I haven't heard of yet. Thanks, I'll check it out. Yea, I meant more for Mac, but see they have a Mac version. I think one of these days, we're going to have to start worrying about it, on the Mac. (My Windows machines are just VMs that I don't worry about too much.)
If you want one which is on-demand only, Malwarebytes Anti-Malware for Mac ('https://www.malwarebytes.com/mac/') should fit the bill.
Score: 3 Votes (Like | Disagree)
latweek Avatar
107 months ago
Score: 3 Votes (Like | Disagree)
MRxROBOT Avatar
107 months ago
Good! They need to be held accountable.
Score: 2 Votes (Like | Disagree)