DOJ Indicts 4 Over Massive Yahoo Data Hacks

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DOJ Indicts 4 Over Massive Yahoo Data Hacks
The U. S. Department of Justice charged four individuals, including two alleged Russian spies, for their
role in the massive data hacks of Yahoo Inc. (YHOO) that put more than 1 billion user accounts at risk.
The companies said that in addition to the reduction in the deal price tag, the two agreed to share in legal and regulatory liabilities
that come from the data breaches at Yahoo that potentially impacted around 1.5 billion customer accounts.
In a press release announcing the indictments, Acting Assistant Attorney General Mary McCord said the defendants include two officers of the Russian Federal Security Service (FSB), an intelligence
and law enforcement agency, and two other hackers with whom they allegedly conspired to accomplish these intrusions.
Those two hacks, one of which Yahoo knew about in July when it was inking a deal to sell its core internet assets to Verizon Communications Inc. (VZ) put the deal in peril
and ultimately resulted in a $350 million reduction in the sale price.
The defendants targeted the Yahoo accounts of Russian
and U. S. government officials, targeted Russian journalists and employees of other providers the hackers were trying to exploit.
In September, Yahoo disclosed the first of two massive breaches, revealing
that a “state-sponsored actor” stole information from as many as 500 million user accounts.
The Justice Department is leveling charges including that the four participated in the breaches that led to the compromise of millions of accounts.

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