Yahoo Feels Pressure after Second Big Hacking Attack

Yahoo Feels Pressure after Second Big Hacking Attack

Yahoo is remaining in the spotlight after the online search company admitted that it had been a victim of a second significant hacking in 2013.

The firm’s shares were 6% on Wall Street earlier this month thanks to concerns that an intended sale to telecommunications company Verizon may be in jeopardy.

Regulators and politicians asked for something to be done in light of Yahoo’s revelations that over one billion accounts were hacked.

This comes after Yahoo’s revelation this September of a massive hacking attack in 2014.

Its breach the previous year, revealed while the police and IT security professionals were looking into the 2014 hack that affected 500,000 user accounts, ranks as the largest IT security hack ever.

US reports said that Verizon, which came to an agreement with Yahoo to buy its core web business for $4.8bn (£3.84bn), is attempting to have Yahoo amend its terms on the sale agreement, to take into account any financial damage suffered from both hacks.

If Yahoo’s advertisers and users begin to desert the firm, its value will decline in the eyes of Verizon.

A spokesperson for Yahoo said:

“We are confident in Yahoo’s value, and we continue to work towards integration with Verizon.”

For a company such as Yahoo, which holds an enormous volume of personal data, to have been hacked twice in two years is a concern. It does serve to show, however, the vulnerability of all businesses when it comes to IT security. SMEs in the UK would be wise to learn from such examples and create more IT security jobs to better protect themselves.

Our accreditations & Partners

  • REC Member
  • VTC - Virtual Technology Cluster
  • RANT Events
  • Bloom Nepro
  • YPO
  • Crown Commerical Service
  • Disability Confident
  • ISO 9001
  • Armed Force Covenant
  • Cyber Essentials Plus
  • ISO 27001





Thank you for signing up to the acumin alerts.

Send CV

Send us your CV and have our recruiters match you to the ideal opportunities

Do you already have an account with us?

Log in

Want to have an account with us?


Want to just send us your CV?

Upload only doc, docx, odt, pdf format file.

By submitting your registration and CV to us you are agreeing to join our database and to be contacted about relevant jobs industry communications. Please read our terms of business for more information.

Password reset

If you need a reminder for your password, fill out the field below

Log in

Access your account to edit your contact details, job alerts or to upload a new CV

Thank you


Thank you for successfully uploading your CV.

Acumin Alerts


Thanks for registering for Acumin alerts.

Acumin Alerts

Unfortunately your CV could not be uploaded

Please make sure your CV is one of the following file types: doc, docx, odt, pdf, rtf

Acumin Spam

Unfortunately your submission has been declared spam. Please try again.



Thank you for submitting your vacancy.


Create an account to register your contact details, sign up for job alerts and upload your CV


Thanks for registering for Acumin alerts. To get the most out of Acumin's service why not register with us?

Upload only doc, docx, odt, pdf format file.
- Practitioner
- Commercial

I agree to the terms and conditions and to be contacted by recruiters:

I agree to receive marketing communications relevant to my job search:

I agree to receive Jobs By Email for the following professions:
- Business Continuity Management
- Counter Fraud
- Cyber Security
- Executive Management
- Governance & Compliance
- Information Security & Risk Management
- Penetration Testing & Digital Forensics
- Sales and Marketing
- Sales Engineering
- Security Management
- Technical Security
- Information/Risk Assurance
- Identity Management
- Application Security
- Security Architecture
- Dev/Sec Ops
- DV & SC Cleared Jobs
- Programme & Project Management

Submit a Vacancy

Use the form below to submit a vacancy