Yahoo is expected to confirm a massive data breach, involving 200 million user accounts, according to several sources close to the institution, reports Re/Code.
Though the sources were not sure about the impact of the incursion, they were certain that the breach was widespread and quite serious.
Earlier, Yahoo confirmed that it was investigating a data breach in which hackers had claimed to have access to approximately 200 million user accounts and were selling them online.
The announcement, according to the sources, can be expected this week and also has the potential to increase trouble of Verizon who have acquired Yahoo’s core business. Shareholders are also worried that it could lead to an adjustment in the price of the $4.8 billion transaction.
The report also added that the hack became known in August when an infamous cybercriminal named “Peace” claimed on a website that he was selling credentials of 200 million Yahoo users from 2012 on the dark web for just over $1,800.
The data was supposedly comprised of user names, easily decrypted passwords and personal information like birth dates and other email addresses.
