Are Your User’s Passwords On The Dark Web?
An anonymous hacking ring just released nearly 890 million credentials last week on the Dark Web.
True story
Cybersecurity experts were able to find pages on the nefarious Dark Web—the places on the web where people are anonymously selling and trading elicit materials and information.
Many of the websites and companies where the credentials originate—32 that we know of—have recently released press releases of cyberattacks and data breaches on their systems.
According to hacker news groups, a Pakistani hacker going by the name of Gnosticplayers has claimed to be the source of the recent release of account information.
The hacker has claimed to have hacked dozens of popular platforms—including companies your users might be using—with many users unaware that their credentials were even compromised.
This very same hacker has released three rounds of account information thus far, selling them in a marketplace named the “Dream Market”. As of late last week, nearly 620 million accounts had been confirmed being sold on this account.
Cybersecurity experts have estimated that nearly 890 million credentials had been found online at this point.
Roughly the hacker is selling each database for 1.2431 Bitcoin, which is roughly five thousand bucks.
What kind of return on investment is 5 thousand dollars?
Each of the company credentials databases stolen and posted on the Dark Web have millions to some with hundreds of millions of account users. Cybersecurity experts have found that simply emailing users with credentials through a phishing campaign has led to nearly 19.4% success rates at either getting into their business networks or extorting that user in some way, shape, or form.
The return on the original $5000 will probably have at least a hundred-fold return.
What’s a good next step if you’re concerned about your business security or the personal security of your team members?