Yahoo Warns Against Using Single Passwords On Multiple Sites

Internet giant Yahoo said it identified a “coordinated effort” to hack its email service, intensifying fears about cyber security.

The company’s ongoing investigation into the matter showed that malicious computer software used the list of usernames and passwords to access Yahoo Mail accounts.

“Based on our current findings, the list of usernames and passwords that were used to execute the attack was likely collected from a third-party database compromise,” the company said in a statement.

“We have no evidence that they were obtained directly from Yahoo’s systems.”

Internet giant Yahoo said it identified a “coordinated effort” to hack its email service, intensifying fears about cyber security.

The company’s ongoing investigation into the matter showed that malicious computer software used the list of usernames and passwords to access Yahoo Mail accounts.

“Based on our current findings, the list of usernames and passwords that were used to execute the attack was likely collected from a third-party database compromise,” the company said in a statement.

“We have no evidence that they were obtained directly from Yahoo’s systems.”

The company regretted the hacking and assured its users that it takes the security of their data very seriously.

The issue comes days after Yahoo CEO Marissa Mayer praised company divisions such as Yahoo Mail and Flickr as base for its revenue growth, despite a 6% decline in revenues compared to last year.

Earlier in December, Yahoo’s e-mail service went down for several days, affecting about 1 million users of the service.

With about 273 million accounts worldwide, Yahoo is the second-largest email service after Google’s Gmail, according to the research firm comScore.

Source : IbTimes

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