Deloitte Touche Tohmatsu Ltd.

Yahoo's data breaches seen unlikely to derail Verizon deal

Yahoo's data breaches seen unlikely to derail Verizon deal

The second major hack of Yahoo! Inc. user accounts is unlikely to derail Verizon Communications Inc.'s $4.83 billion acquisition of the tech giant, with investors and the public becoming inured to near-daily disclosures of cyberattacks.

Hundreds of U.S. companies fall prey to hackers every year and, in many cases, the data breaches neither hurt bottom lines nor scare away customers for too long. After initial anxieties ease, everyone generally moves on. Experts say the same holds true for Yahoo and Verizon.

"I tend to not feel like these hacks are that big of a deal in the broader scheme of things," said Michael Mahoney, senior...

52°