According to brand updates, Britain has fined Yahoo UK Services Ltd. a net worth of 250,000 pounds for the cyber attack that took place in 2014, in November.
With most of its assets acquired by Verizon Communications Inc (VZ.N), Yahoo claimed in 2016 of having at least 500 million accounts being hacked two years earlier. On the given statement, the Information Commissioner’s Office said to have focused on the hacked accounts that the social networking site oversaw as a data controller itself.
They came to see Yahoo UK Services Ltd fail in protecting the data of its loyal users including their names, email addresses, telephone numbers, dates of birth, hashed passwords, and encrypted or un-encrypted security questions and answers.
“The failings our investigation identified are not what we expect from a company that had ample opportunity to implement appropriate measures,” ICO’s Deputy Commissioner of Operations James Dipple-Johnstone said.
“…it’s no good locking the door if you leave the key under the mat.”
The inadequacies found had been in place for a long period without being discovered or addressed, ICO added.
Yahoo’s European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens.