Russian Cyber-Hacking Case Could Mean Big Headaches - myfoxcarolinas.com

Russian Cyber-Hacking Case Could Mean Big Headaches

Posted: Updated:

LONDON – It is being called the biggest heist of Internet data in history: 1.2 billion username and password combinations along with 540 million unique email addresses, culled from over 400,000 websites.

All of this could mean big headaches, loss of privacy and added costs for consumers as well as billions lost by corporations that have to make good on all of this fraud, Fox News Senior Foreign Affairs Correspondent Greg Palkot reports.

"This is much more serious than any credit card breach I've heard about," said Gartner Security Analyst Avivah Litan.

It was pulled off by a small group of hackers working out of a town in south central Russia.

It's thought the Russian government is not involved, but they also don't help much to chase after hackers.

"They'll probably just pay it lip service, but at the end of the day guys like this will continue to operate," another security analyst, Morgan Wright, told FOX News.

The cyber gang tapped into any website they could crack, from big Fortune 500 companies to small web pages.

They reportedly haven't used the data yet for their own gain but are sending waves of spam at users of social web pages.

All of this was revealed by a computer security firm in Milwaukee that decided to go public before turning the information over to authorities.

The fear is this cyber war could be hard to win

"Until the industry gets serious about security across the board, we will continue to see these stories every week," Wright said.

Last October, hackers in Vietnam got their hands on 200 million personal records at an American brokerage firm.

And in December, 40 million credit card numbers and other details were stolen from Target store accounts by hackers in Eastern Europe.

With all this at risk, a huge digital security industry has been spawned.

Even the Milwaukee firm that uncovered the Russian scam is offering to check data at a price. There is a lot to protect.

"I mean, the bottom line is we're using the Internet, it's wide open," Litan said.

Security experts tell us companies have to get away from using passwords and instead use better security. In the meantime we have to keep changing those passwords, like it or not, Palkot reported.

MORE INFO: 7 Ways To Create Better, Stronger Passwords

  • Local NewsMore>>

  • Philly's Courtney Lapresi Wins MasterChef

    Philly's Courtney Lapresi Wins MasterChef

    Tuesday, September 16 2014 8:39 AM EDT2014-09-16 12:39:08 GMT
    Congratulations to Courtney Lapresi, 25 who is now the MasterChef!  (PHOTO: FOX BROADCASTING)Congratulations to Courtney Lapresi, 25 who is now the MasterChef! (PHOTO: FOX BROADCASTING)
    Congrats to our own Philly girl who is now the MasterChef!
    Congrats to our own Philly girl who is now the MasterChef!
  • Police: Man Kills Daughter's Boyfriend Climbing In Window

    Police: Man Kills Daughter's Boyfriend Climbing In Window

    Tuesday, September 16 2014 7:13 AM EDT2014-09-16 11:13:20 GMT

    Philadelphia police say a man shot and killed his daughter's 31-year-old boyfriend after the boyfriend was caught trying to climb into a window.

    Philadelphia police say a man shot and killed his daughter's 31-year-old boyfriend after the boyfriend was caught trying to climb into a window.

  • Trump Plaza Closes Its Doors In Atlantic City

    Trump Plaza Closes Its Doors In Atlantic City

    Tuesday, September 16 2014 6:58 AM EDT2014-09-16 10:58:41 GMT

    Another day, another Atlantic City casino crumbles as Trump Plaza closes its doors early Tuesday. But there's some good news in store for a different A.C. casino.

    Another day, another Atlantic City casino crumbles as Trump Plaza closes its doors early Tuesday. But there's some good news in store for a different A.C. casino.

Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices