Home Daily Blitz Why the Latest Yahoo Hack Is So Much Worse Than You Think

Why the Latest Yahoo Hack Is So Much Worse Than You Think

LAS VEGAS, NV - JANUARY 07: Yahoo! President and CEO Marissa Mayer delivers a keynote address at the 2014 International CES at The Las Vegas Hotel & Casino on January 7, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by Ethan Miller/Getty Images)

The following is an excerpt from Kevin Kelleher | December 15, 2016 | Time.com |

It's a nightmare for the company and for a billion of its users

Imagine you’re about to buy a restaurant. It’s a place that was hugely popular, but has since lost its luster. Your plan is to turn it around. Before you can close the deal, the business reveals not one, but two incidents that jeopardized its patrons’ safety. The inspectors show up, demanding more information. Meanwhile, news of the problem spreads like wildfire, which will make your renovation efforts even more challenging.

That gives you an idea of the position Verizon executives find themselves in after Yahoo disclosed its second massive security breach in two months. The first affected 500 million accounts, then the largest corporate hack in history. The breach Yahoo announced this week involved 1 billion accounts. The incidents, while separate hacks, both took place two or three years ago yet were only disclosed recently.

For more visit: Time.com