When Yahoo disclosed in December that a billion (yes, billion) of its users' accounts had been compromised in an August 2013 breach, it came as a staggering revelation. Now, 10 months later, the company would like to make a correction: That incident actually exposed three billion accounts--every Yahoo account that existed at the time. On the one hand, this new information doesn't really change things in a practical sense, because the initial billion account estimate was already enormous--you could safely assume you were impacted--and Yahoo took protective steps for all users in December, like resetting passwords and unencrypted security questions. "They are as big as it gets," says Jeremiah Grossman, who worked as an information security officer at Yahoo for two years in the early 2000s and is now the chief of security strategy at SentinelOne. "Maybe Google or maybe Facebook, but the next mega-breach is not going to be orders of magnitude bigger.""
Hackers stole information from about 500 million users from Yahoo, the company has confirmed. News of a possible major attack on Yahoo emerged in August when a hacker known as "Peace" was apparently attempting to sell information on 200 million Yahoo accounts. "What is noticeable here is that this breach is massive," said Nikki Parker, vice-president at security company Covata. The scale of the hack eclipses other recent, major tech breaches - such as MySpace (359 million), Linkedin (159 million) and Adobe (152 million).
A huge data leak at Verizon Wireless exposed millions of customer records, but the company blamed an outside vendor for the breach. The FOX Business Network's Tracee Carrasco reported, "Names, addresses, phone numbers and, in some cases, the security pins of millions of Verizon customers publicly exposed online by one of the company's vendors, Nice systems, based in Israel." Verizon Wireless was informed of the breach, which was discovered by a researcher from software security firm UpGuard, in late June. According to reports from ZDNet.com, "An employee of Nice Systems put information into a storage cloud area and incorrectly set the storage to allow external access," said Carrasco According to the report, Carrasco said, "As many as 14 million customers were found on unsecured storage controlled by Nice Systems. Now, Verizon says that number is closer to six million customers."
Millions of Verizon customers' records have been exposed after an Israeli technology company left user data unprotected, the International Business Times reported. "As many as 14 million records" of Verizon customers were found unsecured on an Amazon storage server controlled by Israeli-based Nice Systems, according to ZDNet.com. The database was found to have communication logs of Verizon customers who called customer service, as well as customer cell phone numbers and account PINS, according to the IBTimes. Verizon, in a statement to CNBC, apologized to their customers, but said reports that customers PIN numbers were available were not actually connected to customer accounts and were numbers used to confirm customers at call centers. "As a media outlet recently reported, an employee of one of our vendors put information into a cloud storage area and incorrectly set the storage to allow external access," a spokesperson for Verizon told CNBC Wednesday.
Verizon Communications Inc.'s AOL on Thursday plans to lay off close to 500 employees, said a person familiar with the matter. Among the areas hit by AOL's staff reduction will be human resources, marketing, communications and finance, the person said. A spokeswoman confirmed the dismissals, saying AOL is reducing "a small percentage of our global workforce." In a memo to employees, AOL Chief Executive Tim Armstrong noted that between multiple acquisitions in the past year, the company had added over 1,500 new people, resulting in some redundancy. "As we have settled into those changes, there are a number of areas that require consolidation to improve operations and limit the amount of hand-offs in our business processes," he wrote.