Global Data Breach Uncovers 23 Million Stolen Credentials

 

As a consequence of the fact that a single set of login credentials can essentially unlock an individual’s financial, professional, and personal life, the exposure of billions of passwords represents more than just a routine cybersecurity concern today- it signals a global crisis in the trust of digital systems and data security. 
Cybernews has recently reported a staggering number of 19 billion passwords that circulate on underground criminal forums right now, according to their findings.
According to experts, this massive database of compromised credentials, which is one of the most extensive collections of credentials ever recorded, is intensifying cyberattacks around the globe in an attempt to increase their scale and sophistication. 
As opposed to isolated breaches of the past, this latest leak seems to have come from years of data breaches, reassembled and repurposed in a way that enables threat actors to launch highly automated and targeted attacks that can be used by threat actors.
Not only is the leaked data being used to breach individual accounts, but it is also allowing credential stuffing campaigns to run on a large scale against banks, corporations, and government systems, involving automated login attempts using the leaked credentials. 
Due to this rapid development of the threat landscape, cybersecurity professionals are warning that attack

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article: