A Russian Gang Reaps a Billion Web Passwords

02:21AM Wed 13 Aug, 2014

Alex Holden, the founder of Hold Security, at the firm's headquarters in Mequon, Wisconsin on August 4. Hold Security discovered that a Russian criminal ring amassed some 1.2 billion username and password combinations. (Darren Hauck/The New York Times) A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion username and password combinations and more than 500 million email addresses, security researchers say. The records, discovered by Hold Security, a firm in Milwaukee, include confidential material gathered from 420,000 websites, including household names and small Internet sites. Hold Security has a history of uncovering significant hacks, including the theft last year of tens of millions of records from Adobe Systems. Hold Security would not name the victims, citing nondisclosure agreements and a reluctance to name companies whose sites remained vulnerable. At the request of The New York Times, a security expert not affiliated with Hold Security analyzed the database of stolen credentials and confirmed it was authentic. Another computer crime expert who had reviewed the data, but was not allowed to discuss it publicly, said some big companies were aware that their records were among the stolen information. "Hackers did not just target US companies, they targeted any website they could get, ranging from Fortune 500 companies to very small websites," said Alex Holden, the founder and chief information security officer of Hold Security. "And most of these sites are still vulnerable." NY TIMES