Internet Privacy Breach Essay

537 Words2 Pages

With cyber crime on the rise across the globe, security of personal information on computers and the internet is imperative. However, for one globally known company, certain standards of security were not enough to keep nearly half a billion personal user accounts safe, which left victims asking many questions as to how their personal data was being protected. In September of 2016, Yahoo publicly announced that nearly 500 million accounts were confirmed hacked by a third party source. In the announcement of the breach, Yahoo speculated that the cyber attack had occurred in mid to late 2014. With so many accounts being hacked, this cybersecurity breach is being called the largest data breach from a single internet site in history. Yahoo’s announcement of the breach stirred a massive controversy over why one of the largest technology based companies in the world was compromised by a single third party source, and why they did not inform users about the breach sooner. Yahoo is a globally recognized technology company that is more prominently known for it’s internet search engine. Within Yahoo’s search engine, users can …show more content…

Yahoo could have potentially delayed notifying the public, for fear of losing reputation with consumers. Also, when Yahoo publicly announced the massive data breach on the company, Verizon was in the process of buying out Yahoo’s core properties for $4.8 billion. Therefore, I want to investigate more on when Verizon began making the deal with Yahoo, and if Yahoo held out on announcing the data breach until they were on the cusp of making the deal. Another important aspect of research I want look into further is what impact did the breach have to the company itself. This includes an economic standpoint; stock prices and the Yahoo’s stock price

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