Yahoo fined £250,000 over cyber attack

Resham Gupta
Last Updated: Jun 13 2018 15:22

TECHNOLOGY- UK Information Commissioner's Office (ICO) has fined Yahoo’s UK arm £250,000 ($335,000) over a data breach.

The cyber-attack took place in 2014 in which data of more than 500 million users was affected. Yahoo reported the incident in 2016. The firm said state sponsored hackers stole personal information including names, emails, unencrypted security questions and answers.

ICO said Yahoo failed to take appropriate measures to protect the data.

"Yahoo! UK Services Ltd had ample opportunity to implement appropriate measures, and potentially stop UK citizens' data being compromised."

Yahoo was acquired by Verizon in 2017 and combined with AOL to form a company called Oath.