Staggering data breach of 1.2B usernames and passwords could worsen: Expert
The massive data breach revealed this week could be even worse than initially feared, warns a cybersecurity expert.
Citing records discovered by security specialist Hold Security, The New York Times reported on Tuesday that a Russian crime ring has managed to gain access to more than a billion stolen Internet credentials. The stolen credentials include 1.2 billion password and username combinations and more than 500 million email addresses, according to Hold Security, which describes the breach as potentially the largest ever.
This, however, could be just the tip of the iceberg, according to Richard Martinez, a Minneapolis-based cybersecurity and privacy attorney with Robins, Kaplan, Miller & Ciresi. ?The potential target zone of companies that are affected by this is much larger than the ones initially impacted by the breach,? he told FoxNews.com.
The rat bastards!! - http://www.foxnews.com/tech/2014/08/06/staggering-data-breach-could-worsen-expert/ (http://www.foxnews.com/tech/2014/08/06/staggering-data-breach-could-worsen-expert/)
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Until it's the company's money on the line they won't take security seriously.
At best they face a fine.
But anyone who gets ripped off because of their lax security must have the where with all to sue a large company with a team of high paid Attorneys.