Former Yahoo CEO apologizes for data breach

Former Yahoo CEO apologizes for data breach

1:10pm EST – 01:29

At a hearing in Washington, D.C.on Wednesday, former Yahoo Chief Executive Marissa Mayer apologized for a pair of massive data breaches at the internet company, blaming Russian agents. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION)
Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company, blaming Russian agents, at a hearing on the growing number of cyber attacks involving major U.S. companies.
“As CEO, these thefts occurred during my tenure, and I want to sincerely apologize to each and every one of our users,” she told the Senate Commerce Committee, testifying alongside the interim and former CEOs of Equifax Inc and a senior Verizon Communications Inc executive.
“Unfortunately, while all our measures helped Yahoo successfully defend against the barrage of attacks by both private and state-sponsored hackers, Russian agents intruded on our systems and stole our users’ data.”
Verizon, the largest U.S. wireless operator, acquired most of Yahoo Inc’s assets in June, the same month Mayer stepped down. Verizon disclosed last month that a 2013 Yahoo data breach affected all 3 billion of its accounts, compared with an estimate of more than 1 billion disclosed in December.
In March, federal prosecutors charged two Russian intelligence agents and two hackers with masterminding a 2014 theft of 500 million Yahoo accounts, the first time the U.S. government has criminally charged Russian spies for cyber crimes.

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Source: Reuters

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