Yahoo gets $35 million slap on wrist for failing to disclose colossal 2014 data breach

The SEC forced Yahoo to pay $35 million in penalties to settle charges that it misled investors. The breach has been widely publicized and is considered one of the largest data breaches on record.

Yahoo’s operating business, now known as Altaba, was acquired last year by Verizon for $4 billion.

What would have been paid under GDPR? $198M if this article is correct.

Calling this a “slap on the wrist” is an insult to wrist slaps everywhere.

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