SEC Fines Yahoo $35 Million for Failing to Disclose Hacks

$35 Million for Failing to Disclose Hacks

SEC Fines Yahoo $35 Million for Failing to Disclose Hacks

Altaba, the holding company formed to carry the remains of Yahoo .

Altaba, the holding company formed to carry the remains of Yahoo after it sold its core business to Verizon,has agreed to pay a $35 million fine to the Securities and Exchange Commission for Yahoo’s failure to quickly inform users about several massive breaches. 

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