SEC investigates Yahoo over data breaches

SEC investigates Yahoo over data breaches

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Yahoo reportedly under investigation by SEC over data breaches

Image Credit: Ken Yeung/VentureBeat

Yahoo is facing an investigation by the U.S. Securities and Exchange Commission relating to its failure to promptly disclose to investors information about the two massive data breaches the company revealed last year.

The Wall Street Journal reports that the SEC requested documents from Yahoo in December over whether the company, which is in the midsts…