Cryptography

Published on April 5th, 2014 📆 | 2984 Views ⚑

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Biggest data theft, 18 million emails and passwords stolen


iSpeech

The Story broke by the German press, Der Spiegel on Thursday, when German Authorities revealed another mass hacking of private data belonged to German citizens and major Internet companies both in Germany and abroad.

 





Authorities in the northwestern city of Verden unearthed a treasure of personal information, a list of about 18 million stolen email addresses and passwords, and seized it just after only two months from the previous major data breach, when researchers came across 16 million compromised email accounts of German users while conducting research on a botnet, a network of computers infected with malware.
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The accounts were compromised by hackers in the mid of January, and Der Spiegel suggests that the same group of hackers is responsible for both thefts and that they may be based in one of the Baltic countries.
According to Investigators, some of the accounts are used to send spam emails and some combinations of email and password are used for online shopping portals, as these mass of stolen personal information could also be used to obtain the financial details of users account.
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To help in securing the Internet users, German authorities warned to take additional security measures to prevent cyber criminals using their data while shopping online.
"It is suspected that these stolen records are being actively misused," said Lutz Gaebel, spokesman of the prosecutor's office in Verden. He declined to give more information due to the ongoing investigation.
It is estimated that at least three million of the accounts belonged to German citizens and some of the compromised email accounts have international domain extensions such as ‘.COM’. But in real, the number could be much larger than the visible one as the investigation is ongoing.
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The German prosecutor investigating the latest major data theft informed the country's IT watchdog, Federal Office for Information Security (BSI), to introduce additional security measures to help the Internet users.

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