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Yahoo Skips Earnings Call After Massive Data Breach Crisis

Posted: October 20, 2016 to News.

Tags: Malware, Data Breach, Compliance

Yahoo released their earnings statement on Tuesday, but took the unusual step of skipping out on a conference call to discuss the earnings. The way it usually works is that a company will release their earnings statement than get on a call with analysts, investors, reporters and various other interested parties for a Q&A session.  Most people think Yahoo didn't want to hold the call in order to escape embarrassing questions over news of hacks and providing a backdoor to the government, which will likely have an effect on their purchase by Verizon.  The official line is that they didn't do the call "due to the impending transaction with Verizon." Yahoo has already been losing money for years and many speculate that the recent news could negatively impact Verizon's offer of a buyout.

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About the Author

Craig Petronella, CEO and Founder of Petronella Technology Group
CEO, Founder & AI Architect, Petronella Technology Group

Craig Petronella founded Petronella Technology Group in 2002 and has spent 20+ years professionally at the intersection of cybersecurity, AI, compliance, and digital forensics. He holds the CMMC Registered Practitioner credential issued by the Cyber AB and leads Petronella as a CMMC-AB Registered Provider Organization (RPO #1449). Craig is an NC Licensed Digital Forensics Examiner (License #604180-DFE) and completed MIT Professional Education programs in AI, Blockchain, and Cybersecurity. He also holds CompTIA Security+, CCNA, and Hyperledger certifications.

He is an Amazon #1 Best-Selling Author of 15+ books on cybersecurity and compliance, host of the Encrypted Ambition podcast (95+ episodes on Apple Podcasts, Spotify, and Amazon), and a cybersecurity keynote speaker with 200+ engagements at conferences, law firms, and corporate boardrooms. Craig serves as Contributing Editor for Cybersecurity at NC Triangle Attorney at Law Magazine and is a guest lecturer at NCCU School of Law. He has served as a digital forensics expert witness in federal and state court cases involving cybercrime, cryptocurrency fraud, SIM-swap attacks, and data breaches.

Under his leadership, Petronella Technology Group has served hundreds of regulated SMB clients across NC and the southeast since 2002, earned a BBB A+ rating every year since 2003, and been featured as a cybersecurity authority on CBS, ABC, NBC, FOX, and WRAL. The company leverages SOC 2 Type II certified platforms and specializes in AI implementation, managed cybersecurity, CMMC/HIPAA/SOC 2 compliance, and digital forensics for businesses across the United States.

CMMC-RP NC Licensed DFE MIT Certified CompTIA Security+ Expert Witness 15+ Books
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