Were 1.2 Billion Passwords Really Stolen? And Does It Matter?

The revelation that a Russian criminal gang successfully stole more than 1.2 billion passwords has left plenty of security professionals scratching their heads over whether the hack was legitimate — or if it even matters.

The New York Times reported on Tuesday that a U.S. security firm revealed that a Russian criminal gang has stolen over 1.2 billion usernames and passwords from websites across the globe

The report was the result of an 18-month investigation from suburban Milwaukee-based security firm, Hold Security. Hold claims that it has discovered "what could be arguably the largest data breach known to date." Read more...

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