A Russian crime ring has accumulated the largest known collection of stolen Internet credentials, including 1.2 billion user name and password combinations, and more than 500 million email addresses and passwords. The records, discovered by a security company in Milwaukee, include confidential material from 420,000 websites, ranging from large household-name sites to smaller individually owned Internet sites. This hack is affecting people on an international scale, with compromises occurring even on Russian based websites.
So far, few of the records have been sold online but instead appear to be used for sending spam on social networking sites. But, if the records are sold, it could be very detrimental to those who have had their information compromised. Personal credentials such as an email address, a Social Security number, or passwords, can be used for identity theft. For steps on how to keep data out of hackers hands visit this New York Times article.
Following the Target credit card hack last December, when 40 million credit card numbers and 70 million addresses, phone numbers, and other various information were stolen, this most recent development is leaving consumers with the burning question: is my information safe on the Internet?
Posted: August 8, 2014