Fonte: The Washington Post
The Securities and Exchange Commission on Tuesday announced a $35 million fine against the company formerly known as Yahoo for failing to tell investors about a massive cyber breach for two years, the first time the regulator has punished a company for such conduct.
The Web giant learned in 2014 that Russian hackers had stolen the user names, email addresses and other key user data of 500 million of its users, the largest breach of its kind at the time. But it didn’t tell investors about it for nearly two years, according to the SEC.
Yahoo left “its investors totally in the dark about a massive data breach,” Jina Choi, director of the SEC’s San Francisco regional office, said in a statement.
Yahoo, which sold its core business to Verizon last year for $4.8 billion and renamed itself Altaba, did not admit wrongdoing as part of the settlement. The company declined to comment. SEC officials declined to comment on whether any former or current executives could be held personally responsible for the lapse, noting that the investigation is ongoing.
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