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Yahoo today confirmed that 450,000 unencrypted usernames and passwords were stolen Wednesday from one of its services, although it downplayed the threat. “We confirm that an older file from Yahoo! Contributor Network, previously Associated Content, containing approximately 450,000 Yahoo! and other company usernames and passwords was compromised yesterday, July 11,” Yahoo said in a statement forwarded by a company spokeswoman Thursday. “Of these, less than 5% of the Yahoo! accounts had valid passwords,” the company maintained. However, it did not say what percentage of the remaining accounts, which included over 100,000 Gmail addresses and more than 55,000 Hotmail addresses, included valid passwords. Read the full story at ComputerWorld.

About Shelly Palmer

Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on machine learning and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"Yahoo confirms theft of 450K unencrypted passwords" by @ShellyPalmer

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