News that a Russian gang has stockpiled more than a billion purloined user name and password combinations has revved up the Internet’s reputation as a post industrial Wild, Wild West. Just how much havoc will be raised by the gang remains to be seen. The data thieves so far appear content to use their ill-gotten trove for spamming, according to Hold Security, which discovered the stolen credential cache. Since little is known about the quality of the data — especially its age — it may be that spamming is all it’s good for.
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Russian Gang’s Credentials Theft Exposes Web’s Wild, Wild West Side
Posted by: John P. Mello Jr. August 12, 2014 10:52 AMNews that a Russian gang has stockpiled more than a billion purloined user name and password combinations has revved up the Internet’s reputation as a post industrial Wild, Wild West. Just how much havoc will be raised by the gang remains to be seen. The data thieves so far appear content to use their ill-gotten trove for spamming, according to Hold Security, which discovered the stolen credential cache. Since little is known about the quality of the data — especially its age — it may be that spamming is all it’s good for.