Securities,
Administrative/Regulatory
Apr. 25, 2018
SEC fines Yahoo $35M over cyber breach
The U.S. Securities and Exchange Commission announced a settlement in a first of its kind cyber breach case against the company formerly known as Yahoo Inc.
The U.S. Securities and Exchange Commission announced a settlement in a first of its kind cyber breach case against the company formerly known as Yahoo Inc.
The SEC said Tuesday that Altaba Inc., formerly Yahoo, has agreed to pay a $35 million penalty to settle a claim that it misled investors by not disclosing a data breach occurring in 2014. The breach, which affected over 500 million user accounts, was not publicly disclosed un...
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