Wednesday 12 October 2016

Boo-boo by Yahoo

Customers must be protected from cybersecurity snafus

Freedom, among other good things, is the right to be left in peace. But with privacy under assault, it’s a right frequently and eagerly trampled. With many of their personal transactions conducted online, Americans are learning that their private business is being vacuumed up without their knowledge. When security breaches occur, victims appeal for government protections only to discover that the feds are spying on them, too. Strong legal barriers to intrusive behavior are urgently needed against prying eyes and ears.

Yahoo is the most recent technology mega-firm exposed as failing to guard the personal information of its customers. The company, headquartered in Silicon Valley and best known for its web portal and search engine, sheepishly informed customers last month that 500 million Yahoo accounts had been hacked.

Most damaging to the customers is the record haul of passwords taken by the thieves, which are even now being run at the speed of light through computer banks at banks, credit card companies and other commercial sites in search of hits that give hackers access to the financial records of Yahoo customers. For the full article click here  



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