Tag Archives: verizon

Yahoo Breaches Cost Shareholders $350 Million From Lowered Purchase Price, CEO Forfeits $14 Million in Compensation

Yahoo’s troubles for failing to timely disclose security breaches provides rare insight into quantifying the financial and other costs to a company’s shareholders and leadership when a security breach occurs and is mishandled. In 2014, more than a billion Yahoo accounts were hacked. Then in 2015 and 2016, more than 500,000 Yahoo user accounts were … Continue Reading

Stolen user credentials account for over half of all data breaches in 2015

Verizon recently released its yearly Data Breach Investigations Report and as always, the report is a very informative read. The report gathered information from more than 64,000 security incidents worldwide in 2015, 2,260 of which were actual data breaches. One of the report’s most alarming statistics reveals that legitimate user credentials were used in most … Continue Reading
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