Former CEO of Yahoo testifies before Congress

Former CEO of Yahoo testifies before Congress

Former CEO of Yahoo testifies before Congress

"Even robust defenses and prosecutors aren't sufficient to protect against the state-sponsored attack, especially when they're extremely sophisticated and persistent", Marissa Mayer testified. That means the perpetrators had three years to dive into Yahoo user accounts, and to any other internet accounts registered with the same usernames and passwords.

While testifying, the 42-year-old said she wants to "sincerely apologize to each and every one of our users.' She said that the company defended itself against a barrage of state-sponsored and private hacks over the years".

Zacharia's answer didn't quite satisfy Nelson.

Lawmakers said rigorous security rules are needed to counter the hacks and that companies need "extreme" limits to protect customers' privacy.

A few minutes later, Sen.

She was joined by the interim CEO of Equifax, Paulino Barros, Jr., who took over after hackers exposed the personal information of 145 million Americans.

Mayer was a reluctant witness.

The Senate Commerce Committee took the unusual step of subpoenaing Mayer to testify on October 25 after a representative for Mayer declined multiple requests for her voluntarily testimony.

In the end, she said "Russian agents intruded on our systems and stole our users" data'. So far, no nation-state connection to the much larger 2013 breach has been revealed.

Mayer joined former and current CEOs of Equifax in testifying before the committee examining recent data breaches.

During her tenure as CEO, she said, Yahoo roughly doubled its internal security staff and made significant investments in its leadership and team.

"Right now there's just not enough of a disincentive to hack", she said. The company adopted a comprehensive information security program created to enhance its policies, procedures and controls based on the National Institute of Standards and Technology's cybersecurity framework, she said.

U.S. Sen. John Thune (R-S.D.), chairman of the Committee on Commerce, Science, and Transportation, will convene a hearing titled "Protecting Consumers in the Era of Major Data Breaches", at approximately 10:00 a.m. on Wednesday, November 8, 2017, in room Dirksen 106. Indeed, the former CEO said, much of the facts behind the breaches remain shrouded in mystery.

Nevertheless, Yahoo still does not fully understand "how the act was perpetrated", Mayer admitted.

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