This week's top reported breach incidents, including the report by Hold Security warning that a Russian cyber gang had breached 1.2 billion passwords, all have one thing in common: They leave numerous questions unanswered.
Expect every new warning of cybercrime attacks, online espionage or the malware du jour to be slickly marketed, with the announcements carefully timed. But is this bad for either the information security community or attackers' victims?
Millions of user credentials are breached regularly - whether we hear of the incidents or not. So, why do we continue to rely on passwords? Derek Manky of Fortinet discusses authentication and data retention.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
A report that a Russian hacker group dubbed "CyberVor" is hoarding more than 1 billion stolen passwords triggered worldwide concern, but security experts caution that scant details have been revealed, making the threat tough to judge.
A Russian cyber gang has breached over 420,000 web and FTP sites to pilfer over 1.2 billion credentials, according to Hold Security, saying it discovered "what could be arguably the largest data breach known to date."
Target Corp.'s net breach expenses not covered by insurance are expected to total $146 million for its most recent three quarters following the company's massive December 2013 data breach that compromised payment card information.