TMCNet:  FBI probes theft of Net credentials [ITWeb]

[August 20, 2014]

FBI probes theft of Net credentials [ITWeb]

(ITWeb Via Acquire Media NewsEdge) The US Federal Bureau of Investigation (FBI) is investigating a report by a US cyber security firm that it uncovered 1.2 billion Internet logins and passwords amassed by a Russian crime ring, the largest known collection of such stolen data.

Hold Security of Milwaukee, Wisconsin, disclosed earlier this month that it had discovered the credentials, collected over several years from approximately 420 000 Web sites and other servers.

"The FBI is investigating the recently reported incident involving the potential compromise of numerous user names and passwords, and will provide additional information as the nature and scope of the incident becomes clearer," agency spokesman Josh Campbell said on Tuesday via e-mail.

Hold Security said on 5 August that it obtained the credentials from a criminal gang that it has dubbed CyberVor, which focuses on stealing login credentials.

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