Former Yahoo CEO apologises for data breach, blames Russians

Lucy Hill
November 9, 2017

In the end, she said "Russian agents intruded on our systems and stole our users" data'.

Verizon, the largest US wireless operator, acquired most of Yahoo Inc's assets in June, the same month Mayer stepped down.

"We now know that Russian intelligence officers and state-sponsored hackers were responsible for highly complex and sophisticated attacks on Yahoo's systems", she said, based on the March 15 indictment charging four individuals in connection with the 2014 hack (see Russian Spies, Two Others, Indicted in Yahoo Hack).

While speaking to lawmakers on Wednesday, former Yahoo CEO Marissa Mayer (above) apologized for Yahoo hacks and claims that no company is immune from them.

Mayer said Yahoo has not been able to identify how the 2013 intrusion occurred and that the company did not learn of the incident until the USA government presented data to Yahoo in November 2016. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, today convened a hearing titled, "Protecting Consumers in the Era of Major Data Breaches".

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Mayer said Yahoo successfully defended itself against a barrage of state-sponsored and private hacks over the years and even employed hackers to test the company's defenses.

Yahoo required users to change passwords and took new steps to make data more secure, Mayer said.

Yahoo and USA federal agents have blamed a separate 2014 company data breach involving 500 million accounts on Russian state-sponsored hackers.

Nevertheless, Yahoo still does not fully understand "how the act was perpetrated", Mayer admitted.

'A single federal standard would ensure all consumers are treated the same with regard to notification of data breaches that might cause them harm, ' Thune said. He said Mayer's testimony was "important in shaping our future reactions". She also said business and government must work together to tackle this problem, including working to enact a national data breach notification law. After reportedly declining a request to testify, the panel issued a subpoena to compel her to appear (see Life After Yahoo: Mayer Forced to Testify Before Senate).

Other reports by TheDailyFarc

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