Yahoo CEO, Marissa Mayer, loses out on millions over handling of hacks
Widely reported today is the news that there is further and personal fallout from the two massive data breaches suffered by Yahoo. The Yahoo board have decided that the CEO will lose out on bonuses worth around $2m as a result of the time it took for Yahoo to react to the breaches.
Also being reported is that the firm has spent around £16m in legal fees so far and that the regulators are investigating.
Further pain coming Yahoo’s way I think.