Senators want answers after Yahoo cancels meeting about data breaches

Two senators are complaining that Yahoo isn’t being candid enough about its massive data breaches.

Sens. John Thune, R-South Dakota, and Jerry Moran, R-Kansas, sent a letter to Yahoo CEO Marissa Mayer dated Feb. 10, complaining about the lack of “answers to many basic questions.”

“Moreover, Yahoo!’s recent, last-minute cancellation of a planned congressional staff briefing, originally scheduled for January 31, 2017, has prompted concerns about the company’s willingness to deal with Congress with complete candor about these recent events,” the senators wrote.

Thune is chairman of the Senate commerce committee; Moran is chairman of the consumer protection and data security subcommittee. They are seeking answers about two big data breaches made public by Yahoo last year: one in 2014, which affected about 500 million accounts, and another that affected about 1 billion accounts in 2013. The breaches are believed to be the largest in history.

“We’re in receipt of the letter, reviewing it and will respond as appropriate,” a Yahoo spokesman told SiliconBeat in an email Monday.

The breaches have endangered Yahoo’s $4.8 billion acquisition by Verizon and prompted lawsuits galore against the Sunnyvale internet giant. The legal action includes a suit filed last week by a user who claims his credit-card data was stolen and used for fraudulent charges. Also, investors sued Mayer, CFO Kenneth Goldman and Yahoo last month, accusing them of “false and misleading statements.”

The senators’ letter asks five questions that they want answered by Feb. 23. The questions involve additional details about the number of users affected, the type of data compromised, the steps Yahoo has taken to “identify and mitigate potential consumer harm” as well as what it has done to enhance security, and a request for a detailed timeline.

(HT Hill)

Photo: Yahoo headquarters in Sunnyvale in 2015. (LiPo Ching/Bay Area News Group)

 

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  • cheslow yez

    Break up Yahoo! They are talking to the Russians!

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  • Stupendous Bob

    Apparently, the staid senators have never heard of Yahoo! Answers and that they should post their questions there: https://answers.yahoo.com/

  • stephen

    Where the hell is the SEC. This is a public company and it breached it fiduciary duties to shareholders.

 
 
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