1.2 Billion User Names and Passwords Stolen in Massive Hack, Security Firm Says

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

A U.S. company said it discovered the hacking attack by a Russian gang during a seven-month investigation.

Russian hackers have collected 1.2 billion user name and password combinations and 500 million email addresses, according to a security firm.

The massive hack was discovered by Milwaukee-based Hold Security LLC after seven months of research, Bloomberg said. Hold Security said in a news release that the Russian cyber gang responsible for this is now in possession of the largest known cache of stolen data.

More than 420,000 Web and FTP sites were likely targets, the private security firm said. The hacking scheme targeted websites of all sizes, including personal websites.

According to The New York Times:

“Hackers did not just target U.S. companies, they targeted any website they could get, ranging from Fortune 500 companies to very small websites,” said Alex Holden, the founder and chief information security officer of Hold Security. “And most of these sites are still vulnerable.”

Hold Security said it will not name victims of the breach because of that vulnerability.

So what are the Russian hackers doing with the stolen information? According to Time:

As of now, the criminals have not sold many of the records online, and instead are giving the information to third parties to send spam on social networks like Twitter. They’re then collecting fees for their work. So far, it doesn’t appear to be a complete disaster for Internet users, but it leaves a lot of people very vulnerable.

The sheer size of this hack has brought standards of identity protection on the Web into question, the New York Times said.

“Companies that rely on user names and passwords have to develop a sense of urgency about changing this,” said Avivah Litan, a security analyst at the research firm Gartner. “Until they do, criminals will just keep stockpiling people’s credentials.”

Though you likely won’t find out if your user names and passwords were stolen in this breach, it’s still a good idea to take steps to protect yourself, Time said.

It’s probably a good idea to change your password now. And if you use the same passwords for multiple websites — don’t. Reusing passwords is not a good idea because it makes it that much easier for hackers to get into many of your accounts and access key information like your credit card data. Security experts recommend regularly changing your passwords anyway.

What do you think about the latest cybersecurity breach? What do you do to protect your Internet credentials? Share your thoughts below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: What You Should Do — and Not Do — When Meeting a New Dog

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 2,037 more deals!