Russian hackers steal 1.2 billion usernames and passwords

TomoNews US 2015-05-12

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Russian hackers have stolen 1.2 billion username and password combinations from 420,000 websites around the world.
According to cybersecurity firm Hold Security, which discovered the records, the hacking group is based in a small Russian city near Kazakhstan and Mongolia. The group is comprised of fewer than a dozen men who know each other personally.
The hackers targeted any website they could access, from the websites of Fortune 500 companies to very small websites. They have been able to capture the credentials using botnets, which are networks of infected “zombie” computers under their control, which they use to launch an assault.

They have been able to capture the credentials using botnets, which are networks of infected “zombie” computers under their control which they use to launch an attack. An SQL injection allows hackers to insert malicious SQL statements via input data from the client to the website. This causes the website’s database to decrypt and show its contents.

The hackers appear to be using most of the stolen information to send spam on social networks instead of selling it online.

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