The Latest in IT Security

Millions and Millions of Stolen Credentials Just Waiting to Be Bought Online

01
Mar
2014

Internet data watchers Hold Security published a post this week revealing that they have found 360 million stolen and abused credentials and 1.25 billion records containing only email addresses. These figures, they added, are not meant to scare you. Too late.  Hold Securitys chief information security officer Alex Holden told Reuters that he thinks the information was stolen in breaches that affected companies have not yet reported, adding we have staff working around the clock to identify victims. The breaches could actually be more harmful to victims than credit card theft because passwords could act as an entry point into several private accounts (especially because most people dont actually use different passwords for different accounts). Furthermore, security expert Heather Bearfield warned that money taken from bank accounts with stolen credentials are not necessarily refundable.   The massive trove of credentials includes user names, which are typically email addresses, and passwords that in most cases are in unencrypted text… The email addresses are from major providers such as AOL Inc, Google Inc, Microsoft Corp and Yahoo Inc and almost all Fortune 500 companies and nonprofit organizations.

Comments are closed.

Categories

TUESDAY, DECEMBER 01, 2020
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments