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FBI investigates reported theft of 1.2 billion Internet credentials

The FBI is investigating the theft of 1.2 billion passwords and Internet credentials, which potentially impacts a large number of Internet users

Michael Hatamoto | Aug 20, 2014 at 12:15 pm CDT (0 mins, 48 secs reading time)

The FBI is currently investigating the theft of 1.2 billion Internet logins and passwords compromised by Russian criminals. Credentials were taken from more than 420,000 websites and servers over a few years, with Hold Security obtaining some of the credentials earlier this month. The hacker group responsible has become better organized using sophisticated tools to compromise data, and originated from simply being a spam operation.

FBI investigates reported theft of 1.2 billion Internet credentials | TweakTown.com

Not much is known about the breach, though it includes stealing data from both small and large websites in multiple countries, including the United States and Russia. It remains unknown which companies are vulnerable due to the theft, and it's unknown what the criminal gang plans to do with the stolen data.

"The FBI is investigating the recently reported incident involving the potential compromise of numerous usernames and passwords, and will provide additional information as the nature and scope of the incident becomes clearer," said Josh Campbell, FBI spokesman, in a statement to the media.

Last updated: Aug 24, 2014 at 12:00 am CDT

NEWS SOURCE:reuters.com
Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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