Wednesday, 22 November, 2017

Former Yahoo CEO apologises for data breaches, blames Russians

Former Yahoo boss Marissa Mayer will be quizzed by US senators Marissa Mayer was CEO of Yahoo from 2012 until it was formally broken up earlier this year
Kelvin Reese | 09 November, 2017, 01:25

"A combination cooperation between public-private to address this issue is needed", said former Equifax CEO Richard Smith.

The 42-year-old, who testified before the Senate Commerce Committee on Capitol Hill in Washington on Wednesday, said the thefts occurred during her almost five-year tenure and she wants to 'sincerely apologize to each and every one of our users'. She said even "robust" defences are not enough to defend against state-sponsored attacks and compared the fight with hackers to an "arms race". Roger Wicker, R-Miss., asked all of those testifying, including the interim and former CEOs of Equifax, Paulino de Rego Barros Jr. and Richard Smith, as well as Entrust Datacard CEO Todd Wilkinson, if they took issue with Nelson's contention that a "mere company" can not withstand persistent attacks from state-backed hackers without the help of the National Security Agency. Mayer later said under questioning that she did not know if Russians were responsible for the 2013 breach, but earlier spoke of state-sponsored attacks.

Barros told the committee he has focused on improving customer service and revising the company's structure so that the company's chief security officer reports directly to him. While the breach had been previously disclosed, the count of victims is triple Yahoo's December 2016 estimate that 1 billion accounts were compromised (see Yahoo: 3 Billion Accounts Breached in 2013).

He also said the company is on schedule to release a computer app in January that will allow consumers to lock and unlock their credit data.

Syria Plans to Join Paris Climate Agreement, Isolating US
On Nov. 3, the Trump administration released its National Climate Assessment, a federal report that has been mandatory since 1990. But comments on social media were directed more at the United States and Donald Trump .

Buccaneers shut down QB Winston for 'couple weeks'
Winston suffered a sprained AC joint in the shoulder of his right throwing arm three weeks ago against the Arizona Cardinals . Tampa is expected to activate Ryan Griffin from injured reserve this week and would carry three quarterbacks on the roster.

Netflix subscribers are the target of a 'relatively well-designed' email scam
If you receive an email that appears to be from the Netflix team, be extra vigilant before following the instructions within. The email tells subscribers that their account will be cancelled if they don't update their account information.

Senator John Thune, a Republican who chairs the Commerce Committee, asked Mayer on Wednesday why it took three years to identify the data breach or properly gauge its size. But she also said the U.S. government has to do more to empower law enforcement to pursue and stop hackers, especially the state-sponsored kind. Bill Nelson (D-Fla.) said, "but when".

"Massive data breaches have touched the vast majority of American consumers", said Thune.

During her tenure as CEO, she said, Yahoo roughly doubled its internal security staff and made significant investments in its leadership and team.

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