Is your crypto security at risk after the leak of 16 billion logins?
The post Is your crypto security at risk after the leak of 16 billion logins? appeared on BitcoinEthereumNews.com. How vulnerable is crypto security when cloud storage and Elasticsearch remain widely exposed? Experts warn that real-time threats like PylangGhost may exploit stolen credentials to compromise crypto platforms globally The recent surge in cybercrime has escalated into what may be the largest data leak on record. Recent revelations exposed a staggering 16 billion login credentials linked to major tech platforms like Apple, Google, and Facebook. The exposed information spans a wide range of platforms, including social media, corporate networks, VPNs, and developer tools, pointing to the widespread impact of infostealer malware. Details of the breach! Cybernews researchers, who have been actively monitoring the web throughout the year, identified 30 separate datasets, some holding up to 3.5 billion records each. What makes this leak especially dangerous is its recency and structure – A far cry from recycled breach dumps of the past. Remarking on the same, the researchers said, “This is not just a leak – it’s a blueprint for mass exploitation. With over 16 billion login records exposed, cybercriminals now have unprecedented access to personal credentials that can be used for account takeover, identity theft, and highly targeted phishing.” What’s more? While the exposed datasets were accessible only briefly, just long enough for researchers to detect them, the potential damage remains significant. Alarmingly, most of the data was left vulnerable and had gone unreported until now. Reportedly, that was due to unsecured Elasticsearch and cloud storage instances, raising red flags for the cryptocurrency sector. Only the Coinbase incident was disclosed in May. It was a breach involving stolen government IDs and transaction logs, tied to bribed offshore agents. One target was Sequoia Capital’s Roelof Botha. The incident added weight to fears around centralized crypto security attacks, especially as hackers reportedly demanded $20 million to stay quiet. Now, as new troves of…
The post Is your crypto security at risk after the leak of 16 billion logins? appeared on BitcoinEthereumNews.com.
How vulnerable is crypto security when cloud storage and Elasticsearch remain widely exposed? Experts warn that real-time threats like PylangGhost may exploit stolen credentials to compromise crypto platforms globally The recent surge in cybercrime has escalated into what may be the largest data leak on record. Recent revelations exposed a staggering 16 billion login credentials linked to major tech platforms like Apple, Google, and Facebook. The exposed information spans a wide range of platforms, including social media, corporate networks, VPNs, and developer tools, pointing to the widespread impact of infostealer malware. Details of the breach! Cybernews researchers, who have been actively monitoring the web throughout the year, identified 30 separate datasets, some holding up to 3.5 billion records each. What makes this leak especially dangerous is its recency and structure – A far cry from recycled breach dumps of the past. Remarking on the same, the researchers said, “This is not just a leak – it’s a blueprint for mass exploitation. With over 16 billion login records exposed, cybercriminals now have unprecedented access to personal credentials that can be used for account takeover, identity theft, and highly targeted phishing.” What’s more? While the exposed datasets were accessible only briefly, just long enough for researchers to detect them, the potential damage remains significant. Alarmingly, most of the data was left vulnerable and had gone unreported until now. Reportedly, that was due to unsecured Elasticsearch and cloud storage instances, raising red flags for the cryptocurrency sector. Only the Coinbase incident was disclosed in May. It was a breach involving stolen government IDs and transaction logs, tied to bribed offshore agents. One target was Sequoia Capital’s Roelof Botha. The incident added weight to fears around centralized crypto security attacks, especially as hackers reportedly demanded $20 million to stay quiet. Now, as new troves of…
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