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Showing posts with label Yahoo. Show all posts
Showing posts with label Yahoo. Show all posts

Yahoo Mail Hacked, User Passwords Stolen

Yahoo said it regrets that Yahoo Mail has been hacked and wants to assure Yahoo Mail users that the company takes the security of consumer data very seriously. In the wake of the hack on Yahoo Mail, the firm is urging users to adopt better password practices by changing their passwords regularly and using variations of symbols and characters.







After major e-mail woes in December, Yahoo is now getting hit with another massive problem. Yahoo Mail has been hacked. Jay Rossiter, senior vice president of Platforms and Personalization Products at Yahoo, confirmed the hack on the firm’s Tumblr blog.

“Security attacks are unfortunately becoming a more regular occurrence. Recently, we identified a coordinated effort to gain unauthorized access to Yahoo Mail accounts,” he said. “Upon discovery, we took immediate action to protect our users, prompting them to reset passwords on impacted accounts.”

Based on Yahoo’s current findings, Rossiter said the list of usernames and passwords that were used to execute theattack Relevant Products/Services was likely collected from a third-party database compromise.

What Is Yahoo Doing?
“We have no evidence that they were obtained directly from Yahoo’s systems. Our ongoing investigation shows that malicious computer Relevant Products/Services software used the list of usernames and passwords to access Yahoo Mail accounts,” Rossiter said. “The information sought in the attack seems to be names and e-mail addresses from the affected accounts’ most recent sent e-mails.”
Rossiter then outlined what Yahoo is doing to protect Mail users. First, the company is resetting passwords on impacted accounts and using second sign-in verification to allow users to re-secure their accounts. Rossiter said impacted users will be prompted to change their passwords and may receive an e-mail notification or an SMS text if they have added a mobile Relevant Products/Servicesnumber to their accounts.

Yahoo is also working with federal law enforcement to find and prosecute the perpetrators responsible for this attack. He said the company has implemented additional measures to block attacks against Yahoo’s systems.

Keeping E-mail Accounts Secure
“In addition to adopting better password practices by changing your password regularly and using different variations of symbols and characters, users should never use the same password on multiple sites or services,” Rossiter said. “Using the same password on multiple sites or services makes users particularly vulnerable to these types of attacks.”

Rossiter concluded by saying he regrets this has happened and wants to assure Yahoo Mail users that company takes the security of consumer data Relevant Products/Services very seriously. In December, Yahoo CEO Marissa Mayer personally apologized for a Yahoo Mail outage: “This has been a very frustrating week for our users and we are very sorry.”

“We will continue to work on rolling out IMAP access and to fully restore inbox state (for example, which folders messages were placed in, which messages were starred, etc). This process differs for each user and as restoration continues, we’re committing to communicating directly with you on progress on an individual basis,” she said.

“Above all else, we’re going to be working hard on improvements to prevent issues like this in the future. While our overall uptime is well above 99.9%, even accounting for this incident, we really let you down this week,” she said at the time.

Source: Top Tech News 

Ouch! Microsoft's Latest Bid for Yahoo Half of 2008 Offer


microsoft-eat-yahoo
Bloomberg reported that the Silver Lake consortium - which includes Microsoft - has offered $16.60 per share for a minority stake in Yahoo, much lower than the $31 per share tender made in 2008.

"Silver Lake, working with Microsoft Corp., venture-capital firm Andreessen Horowitz and Canada Pension Plan Investment Board, offered to buy convertible preferred securities equal to a 10 percent to 15 percent stake for as much as $3 billion, said one of the people, who asked not to be identified because the bids made this week are private," Bloomberg stated.
The offer is about 6 percent higher than Yahoo's current stock price. Another potential buyer, TPG Capital has offered more.
Bids are lower than what recent Yahoo investors must have been expecting. The company was expected to discuss the offers yesterday.
Alibaba, which Yahoo owns a 40 percent interest in, have indicated a desire to buy the entire company and are waiting to see how the partial stake offers are received.
"Alibaba is waiting to see whether Yahoo's board will deem the partial-stake bids inadequate and invite it into negotiations to acquire the whole company, a person with knowledge of the matter said. Alibaba is open to acquiring its stake back or making a larger push for all of Yahoo," Bloomberg was told.
If either Microsoft or Alibaba acquire part or all of Yahoo, the internet should get interesting next year as the transition occurs. As Search Engine Watch reported earlier this week, the Silver Lake consortium includes Marc Andreessen, co-founder of Netscape, who could also become the company's new CEO.
Source: 

Yahoo Search BOSS Documentation Released to Developers


Last month, Yahoo announced pricing info and search advertising/branding policies for the upcoming version of Yahoo Search BOSS, which is expected to be released this summer. Now, the company has released the technical documentation for developers.

The documentation includes info on using OAuth with the new API, Syntax specs on querying the API and the format of the returned results, and for calling ads from the platform, as well as the markets that are supported by the product.

Markets include 40 countries in various native languages. The full list can be found in this section of the documentation. Here's what the pricing chart looks like:



"BOSS has always been and will be about developers," wrote the BOSS team's Rahul Hampole. "Our goal is to provide a product that allows you to build sustainable businesses via interesting cloud based search technology at a fair cost. In addition, we encourage BOSS developers to monetize your products using Yahoo! Search advertising – this will enable a long-term, symbiotic relationship between developers, consumers and Yahoo! Our pricing scheme is designed to reflect our belief in this ecosystem."

When Yahoo switched to Bing as a back-end search results provider, a lot of questions were up in the air with regards to BOSS, as well as Yahoo's other developer search tool, SearchMonkey. Ultimately, Yahoo decided to ditch SearchMonkey and Keep BOSS.

There is of course a fair amount of conversation about the BOSS documentation in the Yahoo Search BOSS Yahoo Group