He began working on CashEx after experiencing difficulties sending money to his younger siblings in Nigeria. Kingsley has 12 years of experience driving growth for digital businesses. Before CashEx, Kingsley founded a Nigerian media platform with 5 million users.
Initially, Yahoo reported stolen data from about 1 billion accounts. However, after Verizon bought out Yahoo in 2017, they reported that the final number of records totaled about 3 billion accounts affected. Not only was Yahoo slow to react, but the company also failed to disclose a 2014 incident to users, which resulted in a $35 million fine and, in total, 41 class-action lawsuits.
The 3 Stages of LinkedIn’s Epic Growth From 500,000 to 500 Million Users
According to LeakedSource, FriendFinder Networks secured their passwords with the unsalted hash algorithm SHA-1 and stored user data in plaintext files. Furthermore, a white-hat hacker named Revolver revealed a Local File Inclusion (LFI) vulnerability from photos shared on social media. This was a huge security issue for the adult entertainment company because it had been hacked just one year prior, in May 2015, which compromised 3.5 million users. Despite the data breaches, AdultFriendFinder still attracts over 50 million visitors per month worldwide.
In 2014, global retailer and auction site eBay was hit with a massive data breach that stole the passwords of 145 million users. Hackers obtained access to the main network by stealing login credentials from just a few eBay employees. Luckily, financial information was stored on a separate server, so the scope of the attack was limited to: 2ff7e9595c
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