Boohoo, Yahoo confirms 500 million accounts compromised

Time to change your password, folks

Yahoo confirmed that a massive security breach that happened way back in 2014 may have compromised up to 500 million user accounts.

User information leaked

Yahoo believes the action was state-sponsored and account information that includes names, emails, telephone numbers, hashed passwords and even security questions and answers have been compromised. The breach apparenlty occurred some time in late 2014.

Users have been advised to change their passwords as well as security questions, and to also review their accounts for any signs of suspicious activity. 

Sensitive financial data has however not been exposed, including credit card data or bank accounts.

Currently Yahoo is working with the FBI to investigate the matter

The breach came to light after a hacker who went by the codename 'Peace' claimed to be selling data from 200 million Yahoo users.

This couldn't come at a worse time for Yahoo as it attempts to finalise its sale to US company Verizon. In the meantime, if you have a Yahoo account, assume your account has been compromised and change your password as well as security questions and answers immediately.

[Source: CNN]