In a filing to the SEC, Oath admitted the new information regarding the Yahoo data breach was uncovered while the merger was taking place. Yahoo will begin alerting accounts that weren't previously notified of the attack.
This news will add more fuel to fire for having legal standards on how quickly breach information is revealed and how much detail is required. "Our investment in Yahoo is allowing that team to continue to take significant steps to enhance their security, as well as benefit from Verizon's experience and resources".
Yahoo said the revelations came subsequent to its acquisition by Verizon, and that during integration, the company obtained new intelligence and following an investigation with the assistance of outside forensic experts, it has now come to light that all Yahoo user accounts were affected by the August 2013 theft.
Change your security questions and answers everywhere.
Senator John Thune, chairman of the US Senate Commerce Committee, on Tuesday said he plans to hold a hearing later this month over massive data breaches at credit agency Equifax and Yahoo, which is already under a US Securities and Exchange Commission investigation over the hacks. Equifax said on Monday that a data breach impacted as many as 145.5 million USA consumers, 2.5 million more than announced earlier this month. "My guess is that Yahoo was completely "owned" across the board".