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Saturday, August 9, 2014

Criminal Justice Quote: Internet Data Heists

     A Russian crime ring got its hands on more than a billion stolen Internet credentials, according to a New York Times report. Citing records discovered by the Milwaukee based Hold Security company, the Times revealed on August 5, 2014 that the stolen credentials include 1.2 billion password and username combinations and more than 500 million email addresses.

     Hold Security, which has a strong track record of uncovering data breaches, says the stolen data was gathered from 420,000 websites. Organizations affected range from household names to small Internet sites…In October 2013 Hold Security identified the disclosure of 153 million stolen credentials from Adobe Systems…

     A number of high-profile companies have fallen victim to hackers. In 2013, for example, thieves stole the credit card numbers of 40 million Target customers. In July 2014, six people were indicted in connection with the cyber ring that allegedly defrauded StubHub out of $1 million. Manhattan District Attorney Cyrus Vance said the indictments connected a global network of hackers, identify thieves and money-launderers….

James Rogers, "Report: Russian Crime Ring in Massive Internet Data Heist," Fox News, August 5, 2014 

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