All Yahoo has said so far is that a “recent investigation…
has confirmed the breach.” What does this mean for Yahoo? For one, its failure to tell Verizon (VZ) (which is in the process of buying the company) could jeopardize the merger.
Yahoo on Thursday confirmed a massive security breach that saw hackers steal personal information for over 500 million accounts.Yahoo (YHOO) says a foreign government is to blame.Yahoo is advising people to change the passwords and security answers on any other accounts for which they used the same or similar information as their Yahoo account.Since strong, unique passwords are a huge pain to memorize, Ghosemajumder recommends using a password manager.Platforms like 1Password or Last Pass generate and store passwords and security answers for every account you have, so you only have to remember a single master password.
Hackers can use stolen credentials to craft emails that have the veneer of legitimacy, according to Nigam.Nigam recommends that you put "a freeze on your credit report and use a company that monitors your credit for you." Hackers who have valuable credentials will often try to open a credit card in your name.When that happens, the first thing a bank will do is run a credit check.People who create a really strong password for one site but then use it across others are vulnerable to attacks, said Shuman Ghosemajumder, chief technology officer of Shape Security.Having your credentials stolen "is a matter of the lowest common denominator, the site with the least security," he said.Since 2001, Filipino Cupid has connected thousands of Filipino singles with their matches from around the world, making us one of the most trusted Filipino dating sites.