Business

SEC issues $35 million fine over massive Yahoo data breach

By Melissa Quinn
Published April 24, 2018 9:24pm ET
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SEC issues $35 million fine over massive Yahoo data breach
Britain's Guardian newspaper says that the U.K.'s signals intelligence branch is stealing screenshots from hundreds of thousands of Yahoo users' webcam videos, including a massive haul of intimate photographs. | (Paul Sakuma/AP)

The company formerly known as Yahoo agreed to pay a $35 million fine for failing to disclose its massive 2014 data breach to investors, the Securities and Exchange Commission said Tuesday.

The fine was levied on Altaba, which bought Yahoo’s operating business in 2017, to settle charges stemming from the cyber intrusion.

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