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360 million newly stolen credentials on black market: cybersecurity firm
reuters via yahoo ^ | 2-25-14 | Jim Finkle

Posted on 02/25/2014 4:00:39 PM PST by dynachrome

BOSTON (Reuters) - A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access.

The discovery could represent more of a risk to consumers and companies than stolen credit card data because of the chance the sets of user names and passwords could open the door to online bank accounts, corporate networks, health records and virtually any other type of computer system.

Alex Holden, chief information security officer of Hold Security LLC, said in an interview that his firm obtained the data over the past three weeks, meaning an unprecedented amount of stolen credentials is available

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: creditcardfraud; cybercrime; stolenidentity
Might want to keep an eye on your accounts.
1 posted on 02/25/2014 4:00:39 PM PST by dynachrome
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To: dynachrome

Bank of America sent me new cards out of the blue the other day and changed my account #.
The accompanying letter said my account # “may have been involved” in a security breach.
Makes me think now that they have no idea which accounts may have been compromised and which have not.
I need to find out who it is that makes all those cards and invest in them.


2 posted on 02/25/2014 4:07:19 PM PST by Repeal The 17th (We have met the enemy and he is us.)
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To: dynachrome
obamacare website hooked to IRS computers? Only explanation can think of .... 360 million! Heck, that is everyone and everybody. Guess the drive-by media will ignore this too!?! To tell the truth, am not surprised, except why the drive-bys ignore this obama crowd. Listen up drive-bys, you have skin in this game the obama crowd is running too! If you drive-bys think not ... you are crazier than the obama crowd.
3 posted on 02/25/2014 4:08:33 PM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: dynachrome

360 million. Isn’t that right about the population of the US right now?

Wonder where they’d get that data. Surely not fedgov.


4 posted on 02/25/2014 4:09:07 PM PST by Black Agnes
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To: dynachrome
hmmmmm.

These security breeches are setting the stage for dark times ahead.

It can't be long before the opening salvos in of the battle to tie your information to your physical person in order to ensure that every transaction is actually done by the person the data represents. Someone is sure to point out that biometrics tied to an implanted chip as the "only way to be sure" your information is secure.

When that happens it'll be interesting to see if the churches that haven't made a peep about the HHS mandate decide that such a proposition violates their First Amendment right to freedom of religion and resist or just go along to get along like they're doing with the HHS mandate.

5 posted on 02/25/2014 4:21:05 PM PST by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory.)
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To: Rashputin
These security breeches are setting the stage for dark times ahead.

used to be security breeches were chastity belts...hmmmm

6 posted on 02/25/2014 6:00:13 PM PST by bigheadfred
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To: bigheadfred

When security fails and someone gets all your personal information you’re the one who gets drilled and you’ll understand the similarity to a chastity belt. VBG


7 posted on 02/25/2014 9:46:18 PM PST by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory.)
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To: Rashputin

Security is in your contribution to your free speech.


8 posted on 02/26/2014 1:03:56 AM PST by bigheadfred
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