Yahoo Fined $35M For Waiting Nearly 2 Yrs To Reveal Breach

By Dunstan Prial (April 24, 2018, 7:44 PM EDT) -- The U.S. Securities and Exchange Commission on Tuesday said Altaba Inc., the company formerly known as Yahoo, will pay $35 million for misleading investors by waiting nearly two years to acknowledge a massive computer breach, the first such penalty ever levied against a publicly traded company for failing to disclose a cyberattack....

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