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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 3:00 PM EDT

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From: Sr K11/8/2017 12:10:14 PM
   of 27307
 
Former Yahoo CEO apologizes for data breach, blames Russians

REUTERS - 10:29 AM ET 11/8/201

WASHINGTON, Nov 8 (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company and blamed Russian agents at a hearing on the growing number of incidents involving major U.S. companies.

"As CEO, these thefts occurred during my tenure, and I want to sincerely apologize to each and every one of our users,” she told the Senate Commerce Committee, testifying alongside the interim and former CEOs of Equifax Inc and a senior Verizon Communications Inc executive.

"Unfortunately, while all our measures helped Yahoo successfully defend against the barrage of attacks by both private and state-sponsored hackers, Russian agents intruded on our systems and stole our users’ data."

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