Less than a dozen young Russian hackers have “audited the Internet,” as one security researcher told The New York Times, and have stolen a massive amount of usernames and password combinations that are used for login purposes on hundreds of thousands of websites. Instead of selling them on the black market, the hackers are apparently using them to sell spamming services to interested parties. The obvious worry is that personal records will be sold online, allowing third parties with malicious intentions to pursue identity theft operations, with the help of the personal data that was stolen. According to the findings of security firm Hold Security, the Russian group hacked over 420,000 websites, including “household names,” and smaller Internet sites, stealing
Russian hackers have stolen an astonishing 1.2 billion login credentials
06
Aug
2014
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