Tomahawk, WI 02/04/2014 (BasicsMedia) – Yahoo! Inc (NASDAQ:YHOO) has just announced that its email services were hacked. What this means is that some hackers used certain malware to hack into the accounts of people with Yahoo emails. What the company has not announced is how many of the 273 million email accounts fell victim to this latest breach. The news has not hit the major media sources yet, and this could be indicative of just how much influence it lost Yahoo has lost in the past to new and securer email services. What can it do to guarantee clients that this will not be repeated?

What this breach means for Yahoo is that it increases the perception among users that this company’s emails and products are not as secure and safe as they are supposed to be. In the world of information technology, just as it is with all other industries, security of goods and services is not something that is taken lightly. While securing such products is never an easy undertaking, as it was recently seen when Sony Corporation also reported the same level of hacking, Yahoo needs to reassure customers that not much damage was caused due to this.

Although Yahoo! Inc (NASDAQ:YHOO) has not admitted that the hackers managed to succeed with this latest attempt at gaining access to millions of email accounts, one can only hope that customers’ details are safe. The IT giant has said that the hackers obtained certain credentials from another firm’s database, and tied to use the same to access or hack into the email accounts of its own customers. It is instructive that Yahoo never identified the company it was referring to, and this only leaves room for doubt as to whether they are merely trying to limit the damage that hackers did, or not.

On the other hand, Yahoo! Inc (NASDAQ:YHOO) could be saying the truth since most people tend to use he same set of passwords on several accounts. What this means is that when hackers get your password for one account, they can use that information to try gain forceful entry and access into other accounts that are under your name. The company has announced that at the moment, it has no evidence to show that hackers obtained such information or credentials they used in trying to hack into email accounts from its database. Yahoo has not given the number of accounts that were compromised.

In the meantime, Yahoo! Inc (NASDAQ:YHOO) has advised its customers to reset their passwords to make it harder for hackers to gain access. Even if it is true that hackers never succeeded in compromising any Yahoo email account, the company still needs to improve the security features to reassure its clients that their details are safe. One shudders at the thought of what hackers can do with the information they acquire in this manner bearing in mind that some people enter their personal details and submit them to financial institutions or customers for business transactions.

This sort of news will not please any of Yahoo! Inc (NASDAQ:YHOO)’s shareholders, unless the company goes out of its way to offer guarantees that such breaches in security will never be repeated, and that email account users have nothing to worry about.

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