Saturday, July 21, 2018
Business

Yahoo says hackers stole data on 500 million users in 2014

SAN FRANCISCO — Yahoo announced Thursday that the account information for at least 500 million users was stolen by hackers two years ago, in the biggest known intrusion of one company's computer network.

In a statement, Yahoo said user information — including names, email addresses, telephone numbers, birth dates, passwords and, in some cases, security questions — was compromised in 2014 by what it believed was a "state-sponsored actor." It did not name the country involved.

The company said that it is working with law enforcement officials and that it is invalidating existing security questions and asking users to change their passwords. Yahoo also encouraged people to review other online accounts for suspicious activity, change passwords and security questions on those accounts, and watch out for suspicious emails.

Verizon Communications is moving forward with a $4.8 billion acquisition of Yahoo, which was announced in July. It is unclear what effect, if any, the breach will have on Yahoo's sale price.

Yahoo said it learned of the data breach this summer after hackers posted to underground forums and online marketplaces what they claimed was stolen Yahoo data. A Yahoo team investigated the data and was unable to confirm that the stolen data had originated from a breach at Yahoo. But in investigating the security of its systems, the company discovered that there was another breach, by what it believes was a state-sponsored actor, that dated back to 2014.

Security experts say the breach could have major consequences.

"The stolen Yahoo data is critical because it not only leads to a single system but to users' connections to their banks, social media profiles, other financial services and users' friends and family," said Alex Holden, the founder of Hold Security, which has been tracking the flow of stolen Yahoo credentials on the underground Web.

Two years is an unusually long time to identify a hacking incident. According to the Ponemon Institute, which tracks data breaches, the average time it takes organizations to identify such an attack is 191 days, and the average time to contain a breach is 58 days after discovery. Security experts say the breach could bring about class-action lawsuits, in addition to other costs.

Comments
He was fired after an encounter with a ‘racist’ customer. After sharing his story, Home Depot changed its mind.

He was fired after an encounter with a ‘racist’ customer. After sharing his story, Home Depot changed its mind.

After a man last Thursday approached the checkout at a Home Depot in Albany, New York, staff member Maurice Rucker asked him to leash his dog. That’s when the man exploded.Rucker, a 60-year-old black man, claimed he was fired Tuesday after defending ...
Published: 07/21/18
Open office plans are as bad as you thought

Open office plans are as bad as you thought

A cubicle-free workplace without private offices is supposed to force employees to collaborate. To have them talk more face-to-face. To get them off instant messenger and spontaneously brainstroming about new ideas.But a recent study by two researche...
Published: 07/21/18
Officials speak out against demolition plans for historic Jordan Park section

Officials speak out against demolition plans for historic Jordan Park section

ST. PETERSBURG — Pinellas County School board chair Rene Flowers was fired up Friday. She talked about growing up in Jordan Park, the city’s first public housing project and a sentimental and historic marker of St. Petersburg’s African-American commu...
Published: 07/20/18
Florida is still paying SunPass contractor, even after officials said they would stop

Florida is still paying SunPass contractor, even after officials said they would stop

Florida has not stopped paying the SunPass contractor responsible for the tolling system’s outage, even after transportation officials said the state would suspend all payments.In a letter on Monday, FDOT secretary Mike Dew said the state would not p...
Published: 07/20/18
Florida among the top 3 states with the most income inequality

Florida among the top 3 states with the most income inequality

Florida is one of three states in the nation with the biggest income gap between the very rich and everyone else.In 2015, a family in the top 1 percent nationally had an average income of more than $1.3 million — or 26.3 times as much as the $50,107 ...
Published: 07/20/18
Tampa International Airport ranked in top 10 for defense against cyber threats

Tampa International Airport ranked in top 10 for defense against cyber threats

TAMPA — Tampa International Airport was ranked this week as the 10th safest U.S. airport to go online without being hacked, but the ranking is not only about the place, but also about how savvy its travelers are.The data security firm Coronet ranked ...
Published: 07/20/18
When suicide threats come calling: ‘I try to make a connection.’

When suicide threats come calling: ‘I try to make a connection.’

TAMPA — At first glance, it’s a typical office with more than a dozen cubicles under florescent lights. The operators wear headsets and stare into computer screens, some tinkering with handheld toys, others browsing Facebook or chatting with colleagu...
Published: 07/20/18

State record of $321 million in unclaimed property back to residents and businesses

More than $321 million was returned to Florida residents and businesses from the state’s unclaimed property in the past fiscal year.Chief Financial Officer (CFO) Jimmy Patronis took office in July 2017 and said this year’s total broke last year’s rec...
Published: 07/20/18
Trump ready to hit all Chinese imports with tariffs

Trump ready to hit all Chinese imports with tariffs

Associated PressPresident Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs, sending U.S. markets sliding before the opening bell Friday. In a taped interview with the business channel CNBC, Trump said...
Published: 07/20/18
Tampa Bay and Florida businesses expect tariffs to drive prices up

Tampa Bay and Florida businesses expect tariffs to drive prices up

TAMPA — Tariffs imposed by the Trump administration and other countries are beginning to push up prices and depress demand in spots around the Tampa Bay area and Florida, business executives say."We’ve definitely seen that the tariffs have increased ...
Published: 07/20/18