NEWS

Hackers in Russia believed to have stolen 1.2 billion user names and passwords

Hackers in Russia believed to have stolen 1.2 billion user names and passwords

Russian hackers said to have stolen 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites reports New York Times on Tuesday, according to Hold Security Network researchers information.

The records, discovered by Hold Security, a firm in Milwaukee, include confidential material gathered from 420,000 websites, including household names, and small Internet sites.

The identities of the websites that were broken into haven't been revealed yet.

"Hackers did not just target U.S. companies, they targeted any website they could get, ranging from Fortune 500 companies to very small websites," said Alex Holden, the founder and chief information security officer of Hold Security. "And most of these sites are still vulnerable."

According to the report, the hacking ring is based in a small city in south central Russia, the region flanked by Kazakhstan and Mongolia.

The group includes fewer than a dozen men in their 20s who know one another personally — not just virtually. Their computer servers are thought to be in Russia.

Source: New York Times, ANA-MPA