Gartner Blog: Where Have All The Passwords Gone?

Where Have All The Passwords Gone?

Avivah Litan of Gartner Research has written an in-depth article about what happens to stolen passwords and how companies like NuData head off resulting attacks. You can read her full article on the Gartner blog.

January 22, 2015 — Last August, the New York Times reported that a Russian crime ring had amassed the largest known collection of stolen Internet credentials, including 1.2 billion user name and password combinations and more than 500 million email addresses. The confidential data was discovered by Hold Security, and most market observers shrugged off this discovery, questioning Hold’s motives rather than confronting the gravity of this finding. […] Lots of good stuff goes on limited sales for the holidays, and lots of stored value in the form of gift cards and other loyalty programs is available, courtesy of family and friends who give these as holiday gifts. In fact, fraud detection vendor NuData Security has seen such scripted attacks against their large online customers double in just the past couple of months. [read more]