Financial Times: Passwords and details of 5m big company employees leaked

September 21, 2016 — Passwords and details of 5m big company employees leaked

Robert Capps, VP at NuData, comments on this story about how workers at world’s top 1,000 corporations could be compromised by recent data breaches.

Personal details of 5.5m employees from the world’s 1,000 biggest public companies have been discovered online by a British cyber security firm that searched through data compromised by recent breaches of popular websites.

Digital Shadows found details including corporate email addresses and passwords from 97 per cent of the 1,000 companies. It did not name the individual companies concerned.

The UK firm trawled through data leaked from popular services such as LinkedIn, Dropbox and MySpace, looking for users who had signed up using their work email accounts. Many of them had reused their work passwords.

Nearly 300,000 people’s details had been stolen from dating websites, including Ashley Madison and Adult Friend Finder; Ashley Madison alone yielded corporate emails and passwords of more than 200,000 people working for big companies.

“One frightening example is the ‘Facebook of Everything’ that China’s intelligence service is compiling from the personal data stolen over several high-profile US cyber breaches,” said Robert Capps, vice-president of business development at NuData Security. “Their stated goal is to compile it into a massive Facebook-like network to build a profile of everyone, with more details than Facebook.”

For the complete article, go here.