Justice Department to announce indictments in massive Yahoo hack: source

[Eugene]

Source: Reuters

TECHNOLOGY NEWS | Tue Mar 14, 2017 | 9:34pm EDT

Justice Department to announce indictments in massive Yahoo hack: source

By Joseph Menn | SAN FRANCISCO

U.S. Justice Department officials are expected to announce indictments on Wednesday against suspects in at least one of a series of hacking attacks on Yahoo Inc (YHOO.O), according to a source briefed on the matter.

The accused men live in Russia and Canada, the source said, with the Canadian far more likely to face arrest. Russia has no extradition treaty with the United States.

It could not immediately be learned whether the group was suspected in the hacking of data about 1 billion Yahoo users, or a separate hack of 500 million email accounts.

The indictments were first reported by Bloomberg News. Yahoo and the Justice Department declined to comment.

The two largest hacks, and Yahoo's much-criticized slow response and disclosure, forced a discount of $350 million in what had been a $4.83 billion deal to sell Yahoo's main assets to Verizon Communications Inc (VZ.N).

(Reporting by Joseph Menn in San Francisco and Dustin Volz in Washington; Editing by Peter Cooney)

http://www.reuters.com/article/us-yahoo-hack-indictments-idUSKBN16M05P

[asiliveandbreathe]

1. Wonder, do hackers hack for nothing?

The two largest hacks, and Yahoo's much-criticized slow response and disclosure, forced a discount of $350 million in what had been a $4.83 billion deal to sell Yahoo's main assets to Verizon Communications Inc (VZ.N).

[mikeysnot]

2. they hack to hone their skills and for $$$

1. compromise computer for DDOS attacks. blackmail companies. send spam

2. Sending of SPAM, to steal credit cards no.

3. compromise websites and place their fake websites on unsuspecting web sites running CMS software., to steal CC numbers, look up PHARMA hack. or type in Buy viagra in google. Scroll to bottom and look for a spurse dot org and look at the listing, it is a compromised site, spurse is a web design company. their site is hacked.

[asiliveandbreathe]

3. Tks Mikey - when I saw the Verizon wants to purchase - and they

don't like the price (actually any corp.) why not hire a hacker..they hve the money, certainly have the motive..in their own greedy way...am I becoming a conspiracy nut or what? - I am, have always been very pragmatic, - look at all the root causes to get to the problem..and assign a solution...signs of the time. two things I abhor - liars and thieves..seems that's all we have right now..

I will resist...and persist to the best of my ability - although, so much today requires being able to juggle so many issues, takes time to find the root cause - and many times just have to step away...

I just want this admin. to go away....be well..tks again..just give it to Mikey..