Wednesday, 13 June 2018

ICO slaps Yahoo! with £250k fine for 2014 data breach


Yahoo!'s UK limb has finally been handed a £250,000 fine for the 2014 cyber attack that exposed data of half a million Brit users.

Russian hackers broke into Yahoo!'s servers and slurped info on circa 500 million international account holders, including names, email addresses, phone numbers, birthdates, hashed passwords and encrypted or unencrypted security questions and answers.

Despite evidence that the firm knew about the mega-hack soon after it happened at the end of 2014, Yahoo! kept quiet until September 2016. Since then, the fines and court cases have kept rolling in as various regulators get in on the action.

Today, the Information Commissioner's Office issued Yahoo! UK Services Ltd a £250,000 fine following an investigation that focused on the 515,121 UK accounts that the London-based branch of the firm had responsibility for.


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