Russian Cyber Crime

Hold Security, a Milwaukee based firm, have discovered the largest known data breach to date. The New York Times was told by Hold Security that over 1.2 billion usernames and passwords have been compromised, along with more than 500 million email addresses.

Hold Security has determined the culprit to be a small hacking ring of less than a dozen men in their 20s operating out of south central Russia. The group started as a spam network in 2011, only recently expanding their scope beginning in April of 2014. Alex Holden, the Founder and Chief Information Security Officer at Holden Security considers it a strong possibility that this group has partnered with an unknown entity.

Read the full article on the New York Times website.

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