US Exchange Commission to investigate previously disclosed data breach at Yahoo - News Summed Up

US Exchange Commission to investigate previously disclosed data breach at Yahoo


The US Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. The SEC is investigating whether two massive data breaches at Yahoo should have been reported sooner to investors, the Wall Street Journal reported on Sunday, citing people familiar with the matter. An SEC spokesman declined to comment. Securities industry rules require companies to disclose cyber breaches to investors. Other agencies looking into the data breach include the Federal Trade Commission, the US Attorney's Office in Manhattan and "a number of State Attorneys General," Yahoo said in the November filing.


Source: India Today January 23, 2017 05:35 UTC



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