If you haven’t heard about one of the largest illegal collections of username and password information in history, please read on. What I am about to explain will almost certainly have an impact on you and your colleagues / employees.
In February 2018, the diet and exercise service MyFitnessPal suffered a data breach. The incident exposed 144 million unique email addresses alongside usernames, IP addresses and passwords stored as SHA-1 and bcrypt hashes (the former for earlier accounts, the latter for newer accounts). In 2019, the data appeared listed for sale on a dark web marketplace (along with several other large breaches) and subsequently began circulating more broadly.
The MyFitnessPal example is one of many data breaches that have contributed to a list called “Collection #1” a term coined by well known Blogger for Pluralsight, Troy Hunt. The list itself has subsequently been taken down, however it was available for sale on the dark web for a number of weeks and is likely in the hands of people that will exploit the information. It's just a matter of when, if not already.
"Collection #1" is a database of sets of email addresses and passwords discovered by security researchers in January 2019. Tony Hunt (founder of the website "Have I been Pwned?") was directed to a known hackers forum where the 2.7 billion pairs of emails/passwords were available for download.
Some of the data had already been sold in previous releases, but around 20% of the 773 million unique passwords and addresses were from new breaches, making it the largest data breach on the Internet.
Planning and policy combined with staff training can significantly reduce the overall financial and reputation impact on an organisation when it comes to Cyberattacks or data breaches.
If you would like to talk a more about how Diamond IT can protect your employees and your organisation from threats like this, please give us a call on 1300 307 907 or contact us via the form below.