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With Russian Hackers Stealing over a Billion Credentials, Business Password Policies in the Spotlight
Date:8/9/2014

New York, NY (PRWEB) August 09, 2014

On Tuesday, August 5th, The New York Times ran a story about Russian Hackers who managed to pilfer and collect over 1.2 billion user credentials, user names and passwords. To help put some heft to the gravity of numbers like these, consider this; the United Nations released results of a study in May of this year which arrived at the conclusion that by the end of 2014, three billion people around the world will be connected to the Internet, leaving a full 60%, or roughly 4.2 billion, still on the outside looking in. So if every stolen credential could be assigned to a unique individual, over 1 in 3 people connected to the Internet would have their credentials in this group’s hands, who can sell, use for identity theft, or leverage them in any other way they see fit. And according to Joe Caruso, founder and CEO/CTO of Global Digital Forensics (GDF), a premier provider of cyber security solutions and incident response, “Businesses really need to take the hint when they see a story like this and wonder just how safe their networks are. Bad password habits are a killer when it comes to security, but you’d be shocked to know how many organization’s
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