Interview/comment: Mishcon de Reya's Cyber Security Lead comments on Yahoo's second major security breach
Comment for immediate release
For more information and interviews please contact: email@example.com / 0207 637 0656
Commenting on Yahoo's second major security breach, effecting 1 billion user accounts, Mishcon de Reya's Cyber Security Lead, Joe Hancock, said:
"This loss of 1 billion records is a staggering figure. To put this into context Yahoo has lost records for over 3 times the entire US population. Given the sheer volume it is hard to believe that these breaches have gone undetected for over two years. Yahoo have attributed this breach to a state actor which is unusual, as such a large data set would usually be targeted by criminals. Without any evidence this claim is hard to believe.
"This comes at a difficult time for Yahoo, as it is unlikely to enamour itself to new owners at Verizon. After the 2013 data breach at Target, legal claims ran to millions of dollars and continued for several years. In the case of TalkTalk, the share price fell by 11.5%, before recovering. Breaches like this hit a business' balance sheet and Verizon may start to feel these liabilities directly."