usernames and passwords revealed through data breaches and resell them on the dark web. But the new audit presents a clearer picture of the scope of the problem.
Digital Shadows identified 15 billion username-password pairs stemming from over 100,000 data breaches, according to theSome logins are more valuable than others — while hackers share some passwords free of charge, logins for banks and other financial accounts sell for $70 per credential on average, according to the report. Logins for antivirus programs are priced the second-highest at $22 on average, while logins for video game platforms average just a few dollars per credential.
Stolen logins can benefit hackers in multiple ways — while a hacked financial account can enable them to steal money or commit bank fraud, hacked email addresses let them "move laterally" inside an organization by impersonating someone in order to gain that person's colleagues' trust and trick them into handing over even more information.
Accounts seen as especially valuable, like domain administrators for a small business or local government, are typically auctioned off on the dark web. Buyers will bid an average of $3,139 and up to $140,000 for such logins, according to the report. . "Attackers will find brute force hacking and credential-stuffing a virtual cakewalk."
The report recommends that people use password managers, enable two-factor authentication as much as possible, and Get a daily round up of our most popular tech stories. Sign up for our Tech newsletter.By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »