YAHOO SAYS HACKERS STOLE DATA FROM MORE THAN ONE BILLION ACCOUNTS

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(New York Post) — Yahoo says it believes hackers stole data from more than one billion user accounts in August 2013.

The Sunnyvale, California, company says it’s a different breach from the one it disclosed in September, when it said 500 million accounts were exposed. That new hack revelation raises questions about whether Verizon will try to change the terms of its $4.8 billion proposed acquisition of Yahoo.

Yahoo says the information stolen may include names, email addresses, phone numbers, birthdates and security questions and answers. The company says it believes bank-account information and payment-card data were not affected.

But the company said hackers may have also stolen passwords from the affected accounts. Technically, those passwords should be secure; Yahoo said they were scrambled twice — once by encryption and once by another technique called hashing. But hackers have become adept at cracking secured passwords by assembling huge dictionaries of similarly scrambled phrases and matching them against stolen password databases like Yahoo’s.

That could mean trouble for any users who re-used their Yahoo password for other online accounts…

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