Usernames and passwords of some of Yahoo’s e-mail customers have been stolen and used to gather personal information about people those Yahoo mail users have recently corresponded with, the company said on Thursday.
Yahoo did not say how many accounts have been affected. Yahoo is the second-largest e-mail service worldwide, after Google’s Gmail, according to the research firm comScore. There are 273 million Yahoo mail accounts worldwide, including 81 million in the US.
It is the latest in a string of security breaches that have allowed hackers to nab personal information using software that analysts say is ever more sophisticated. Up to 70 million customers of Target stores had their personal information and credit and debit card numbers compromised late last year, and Neiman Marcus was the victim of a similar breach last month.
“It’s an old trend, but it’s much more exaggerated now because the programs the bad guys use are much more sophisticated now,” says Avivah Litan, a security analyst at the technology research firm Gartner. “We’re clearly under attack.”
Yahoo Inc said in a blog post on its breach that “The information sought in the attack seems to be names and e-mail addresses from the affected accounts’ most recent sent e-mails.”
That could mean hackers were looking for additional e-mail addresses to send spam or scam messages. By grabbing real names from those sent folders, hackers could try to make bogus messages appear more legitimate to recipients.
“It’s much more likely that I’d click on something from you if we e-mail all the time,” says Richard Mogull, analyst and CEO of Securois, a security research and advisory firm.
The bigger danger: access to e-mail accounts could lead to more serious breaches involving banking and shopping sites. That’s because many people reuse passwords across many sites, and also because many sites use e-mail to reset passwords. Hackers could try logging in to such a site with the Yahoo e-mail address, for instance, and ask that a password reminder be sent by e-mail.
Litan said hackers appear to be “trying to collect as much information as they can on people. Putting all this stuff together makes it easier to steal somebody’s identity.”
Yahoo said the usernames and passwords were not collected from its own systems, but from a third-party database.
Because so many people use the same passwords across multiple sites, it is possible hackers broke in to some service that lets people use e-mail addresses as their usernames. The hackers could have grabbed passwords stored at that service, filtered out the accounts with Yahoo addresses and used that information to log in to Yahoo’s mail systems, said Johannes Ullrich, dean of research at the SANS Institute, a group devoted to security research and education.
The breach is the second mishap for Yahoo’s mail service in two months. Last month, the service suffered a multi-day outage that prompted Yahoo CEO Marissa Mayer to issue an apology.
Yahoo said it is resetting passwords on affected accounts and has “implemented additional measures” to block further attacks. The company would not comment beyond the information in its blog post. It said it is working with federal law enforcement.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
POWERING UP: PSUs for AI servers made up about 50% of Delta’s total server PSU revenue during the first three quarters of last year, the company said Power supply and electronic components maker Delta Electronics Inc (台達電) reported record-high revenue of NT$161.61 billion (US$5.11 billion) for last quarter and said it remains positive about this quarter. Last quarter’s figure was up 7.6 percent from the previous quarter and 41.51 percent higher than a year earlier, and largely in line with Yuanta Securities Investment Consulting Co’s (元大投顧) forecast of NT$160 billion. Delta’s annual revenue last year rose 31.76 percent year-on-year to NT$554.89 billion, also a record high for the company. Its strong performance reflected continued demand for high-performance power solutions and advanced liquid-cooling products used in artificial intelligence (AI) data centers,
SIZE MATTERS: TSMC started phasing out 8-inch wafer production last year, while Samsung is more aggressively retiring 8-inch capacity, TrendForce said Chipmakers are expected to raise prices of 8-inch wafers by up to 20 percent this year on concern over supply constraints as major contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Samsung Electronics Co gradually retire less advanced wafer capacity, TrendForce Corp (集邦科技) said yesterday. It is the first significant across-the-board price hike since a global semiconductor correction in 2023, the Taipei-based market researcher said in a report. Global 8-inch wafer capacity slid 0.3 percent year-on-year last year, although 8-inch wafer prices still hovered at relatively stable levels throughout the year, TrendForce said. The downward trend is expected to continue this year,