Remember how much backlash Yahoo received after admitting to a security breach in 2014 that saw over 500 million user credentials fall into the hands of unknown hackers? As bad as that storm was, it will undoubtedly have nothing on the chaos that is set to unfold in Sunnyvale after the recent announcement from Yahoo that more than one billion accounts were compromised in a separate breach in 2013.

If you're wondering how an "unauthorized third-party" pulled off the biggest data heist in digital history, Venture Beat's Ken Yeung explains that it all boils down to a worst-case scenario for Yahoo. Specifically, the hackers responsible for this attack gained access to the site's proprietary code and leveraged forged cookies to infiltrate the system.

User names, email addresses, telephone numbers, dates of birth, hashed passwords, and security questions (and answers) were all subject to the prying eyes of these illicit operatives.

Will this latest reveal adversely affect Verizon's decision to purchase this once-mighty virtual empire? What other skeletons might be hiding in Yahoo's closet? Yeung seeks to answer these questions in the full story on the other side of the link below.

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