Ex-Yahoo CEO Sorry for Hacks That Affected All 3 Billion Users

Ex-Yahoo CEO Sorry for Hacks That Affected All 3 Billion Users

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

During the hearing, Thune questioned Yahoo!'s former CEO Marissa Mayer on Yahoo!'s security collapses and its failure to effectively respond to those collapses in a timely matter.

Yahoo and U.S. federal agents have blamed a separate 2014 company data breach involving 500 million accounts on Russian state-sponsored hackers. Bill Nelson, the Florida Democrat and ranking member of the Senate Commerce, Science and Transportation Committee, which held the hearing, said: "That's an admission you are not protected against state actors", prompting the senator to ask what Yahoo is doing about it.

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

While testifying, the 42-year-old said she wants to "sincerely apologize to each and every one of our users.' She said that the company defended itself against a barrage of state-sponsored and private hacks over the years".

Mayer testified along with interim Equifax CEO Paulino do Rego Barros Jr. and former Equifax CEO Richard Smith, as well as Verizon's chief privacy officer Karen Zacharia and Entrust Datacard CEO Todd Wilkinson.




Last month, Yahoo reported its entire user base of 3 billion accounts was compromised in an August 2013 data breach.

However, it was revealed later that three billion user accounts were affected.

Mayer told the committee that Yahoo fell victim to the breaches despite devoting substantial resources to security in an attempt to stay ahead of sophisticated and constantly evolving threats.

Sen. John Thune, R-S.D., the committee chairman, said 48 states have separate laws governing how and when companies must notify consumers of a breach.

'We don't exactly understand how the act was perpetrated, ' which explains why there are some gaps in information, she said. Richard Blumenthal of CT says enforcing punishments for data breaches on executives like Mayer could motivate companies to protect users' data.

Related Articles

  • Some Xbox One X consoles becoming unresponsive

    Some Xbox One X consoles becoming unresponsive

    As with any new hardware, there will be failures, so it's impossible to know the rate of consoles bricking after just two days. Ronda Rousey and Shaquille O'Neal seen at World's Most Powerful Console Xbox One X Worldwide Launch at the Fifth Ave.
    Emenalo resigns from post of Chelsea's Technical Director

    Emenalo resigns from post of Chelsea's Technical Director

    Emenalo brought his 10-year association with the club to an end following the 1-0 victory over Manchester United. I wish Chelsea every success and look forward to following the club's future triumphs from afar, ' he added.
  • New West Ham boss Moyes has 'point to prove'

    New West Ham boss Moyes has 'point to prove'

    Moyes' first match in charge will come after the global break, a trip to Watford in the Premier League on November 19. "And I feel really confident with the group of players we have got here that we can provide that".
    Eric Bledsoe Trade Rumors: Suns, Bucks Finalizing Deal for PG

    Eric Bledsoe Trade Rumors: Suns, Bucks Finalizing Deal for PG

    Monroe, who joined the Bucks as a free agent in 2015, has been sidelined recently because of a left calf strain. Bledsoe has been away from the Suns (4-7) since general manager Ryan McDonough sent him home on October 23.
    IPhone bug frustrates users typing 'i'

    IPhone bug frustrates users typing 'i'

    That must be what it's like to be an iPhone user today, since iOS 11 .1 has chose to autocorrect the letter "i" into 'A [?]'. Instead of auto-correcting to a capital, it's instead replaced with the letter "A" and a unicode symbol.
  • ASCO: Alcohol Linked to Several Types of Cancer

    ASCO: Alcohol Linked to Several Types of Cancer

    The more you drink, the higher your risk, leading the American Society Of Clinical Oncology to recommend cutting back on booze. All forms of alcohol; be it beer, wine, champagne or shots cause the same cancer risk.
    Hamilton named in Paradise Papers

    Hamilton named in Paradise Papers

    The documents revealed that Apple approached Appleby, a Bermuda-based law firm known for managing offshore companies. The Government also shut off the so-called "double Irish", which allowed companies to funnel profits into tax havens.
    Buccaneers QB Jameis Winston facing 'at least two weeks' out

    Buccaneers QB Jameis Winston facing 'at least two weeks' out

    Since his initial injured, the Bucs (2-6) have suffered three straight defeats to extended their losing streak to five matches. Tampa is expected to activate Ryan Griffin from injured reserve this week and would carry three quarterbacks on the roster.
  • US Now Stands Alone As Syria Signs Paris Climate Agreement

    US Now Stands Alone As Syria Signs Paris Climate Agreement

    Nicaragua, the only other country who had not signed the deal, agreed to join the Paris Accord in October. Nicaragua, which was one of the last holdouts, in September announced it would join the accord.
    Japan's 'Black Widow' sentenced to death for murder

    Japan's 'Black Widow' sentenced to death for murder

    The 135-day trial was Japan's second-longest court case of its kind since 2009, when the nation instituted a judge-jury system. First diagnosed with mild dementia in 2016, Kakehi said she had trouble remembering events shortly after her arrest.