John Sileo

Back away from the snooze button. This is a $29 million wake-up call you can’t afford to miss. In January 2019, Yahoo’s board agreed to pay the enormous $29 million settlement to its shareholders as the result of cyberattacks that compromised three billion Yahoo user accounts. It was the first time shareholders had successfully held a company responsible for data breaches. And it is a loud warning to corporate boards that they must start paying attention to cyber risks. But are they?