December 16, 2017
Contact: NCL Communications, Cindy Hoang, firstname.lastname@example.org, (202) 207-2832
Washington, DC - The National Consumers League (NCL) today condemned Yahoo! Inc. for putting its profits ahead of the security its users’ data. The latest data breach of one billion users’ accounts -- quite possibly the largest on record -- comes on the heels of an earlier breach that affected a reported 500 million users, itself a record at the time it was disclosed. The following statement is attributable to John Breyault, National Consumers League Vice President of Public Policy, Telecommunications and Fraud:
“We have reached a tipping point in our long national debate about data security. For too long, policymakers have stood on the sidelines while data breaches have grown bigger and more damaging for consumers. While details are still emerging about who exactly was behind this latest breach, it is clear that Yahoo gave short shrift to the security of consumers’ personal data in their quest for profits. In the near term, the Federal Trade Commission should immediately begin an investigation of Yahoo’s lax data security practices. In the next Congress, lawmakers must recognize the incredible harm these breaches have wrought on consumers’ data security and the need for comprehensive data security legislation.”
Consumers affected by the Yahoo! Breach should visit NCL’s feature on Yahoo! in the “Latest Breaches” section of Fraud.org to get additional information about the incident and tips on how to reduce their risk of breach-related fraud.
About the National Consumers League
The National Consumers League, founded in 1899, is America's pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.