Yahoo’s Data Breach: What to Do If Your Account Was Hacked
Jordan Robertson jordanr1000 September 22, 2016 — 9:59 PM BST
Attacker was a ‘state-sponsored actor,’ company says
Verizon says it was alerted to incident within last two days
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon Communications Inc.’s planned acquisition of the web portal’s assets.
The attacker was a “state-sponsored actor,” and stolen information may include names, e-mail addresses, phone numbers, dates of birth, encrypted passwords and, in some cases, un-encrypted security questions and answers, Yahoo said Thursday in a statement. The continuing investigation doesn’t indicate theft of payment card data or bank account information, or unprotected passwords, the company said. Affected users are being notified, accounts are being secured, and there’s no evidence the attacker is still in the network, Yahoo also said. ... more http://www.bloomberg.com/news/articles/2016-09-22/yahoo-says-at-least-500-million-accounts-breached-in-hack-attack
Bitcoin had a great 2016. The cryptocurrency rallied 120% to $952, threatening to break the $1,000 mark for the first time. While bitcoin has seen a consistent bid throughout the year, its 57% gain (in US dollar terms) over the past three months has been particularly impressive.
So what’s behind the move?
China.
In his latest edition of “Greed Fear,” CLSA’s Christopher Wood notes, “Daily turnover in Shanghai-based BTC China, the world’s largest bitcoin exchange by volume, has risen from around Rmb1bn in late September to a peak of Rmb27.8bn on 22 December and Rmb16.4bn on Wednesday (see Figure 11) while the Bitcoin price has risen by 70% over the past three months to Rmb6,927.” ... more http://thebitcoinnews.com/china-is-behind-the-latest-bitcoin-craze/
Then, in August, a second hacker who goes by the alias “Peace of Mind,” began offering a large collection of stolen Yahoo credentials — including user names, easily cracked passwords, birth dates, ZIP codes and email addresses — on a site called TheRealDeal, where hackers can buy and sell stolen data, Mr. Holden said.
TheRealDeal uses Tor, the anonymity software, and Bitcoin, the digital currency, to hide the identities of buyers, sellers and administrators, trading attack methods and stolen data.
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