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Yahoo in a Fix to Satisfy Companies, US Senators Following the Massive Data-Breach against it

Telecom giant Verizon is much concerned ever since Yahoo confirmed the massive data breach against it recently because Verizon is all ready for taking over the company in early 2017. Also to be worrying is competitor AT&T, as the enterprise provides the option of owning one single Yahoo Mail A/C to its customers. The A/C is for handling services such as pay-television, wireless and home broadband services.

It has been disturbing for law makers too, because the 2014 Yahoo hack was identified after a lengthy time-period from its occurrence. That implies the data of millions of US residents may've remained hijacked for 2-yrs, tells a letter from US Senators to Marissa Mayer, Chief Executive Officer of Yahoo. The situation was unacceptable, they wrote.

The senators Elizabeth Warren, Al Franken, Patrick Leahy, Edward Markey, Ron Wyden and Richard Blumenthal, however, didn't get an immediate reply from Yahoo to the letter. Ndtv.com posted this, September 28, 2016.

And even before a deal was agreed between Yahoo and Verizon during late-July according to which the latter company would purchase the former company's core business, Yahoo had already been sued under special charges. Yahoo that stated that during summer it detected the breach is confident the seizure of security queries and replies that were unencrypted, and personal data, had been state sponsored.

Ms Mayer is to provide the hacking's timeline on request from the Senators, as well as tell how the hack of such a magnitude into its systems remained unidentified so long. The Senators asked that Yahoo tell in short how its investigation was going, what cooperation it was doing with authorities as well as what plans it had for protecting affected account holders.

Mark Warner a US Senator directed that the Securities and Exchange Commission (SEC) probe into the Yahoo breach, which hijacked no less than one-half billion A/Cs comprising passwords, usernames and electronic mail ids.

The Democratic Senator in a letter has asked the SEC for determining if Yahoo along with the company's senior executives complied with the obligations to notify the general public in addition to investors regarding the assault.

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