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Millions of Passwords For Sale as Verizon Investigates New Data Breaches

Feb 27, 2014 // Dan Yelin

A new trove of 360 million stolen login credentials has recently surfaced in a new development that underscores just how insecure most online transactions really are. This information is part of a larger haul of 1.25 billion email addresses that came to light on numerous underground crime forums in recent weeks. Hold Security, a cybersecurity firm, is reporting that these breaches were identified in the first three weeks of February–a mind boggling data point.

While all of this is cause for concern, this may just be the tip of the iceberg. The Wall Street Journal is reporting that Verizon is investigating data breaches at two yet to be named major retailers. These intrusions appear to be similar to the hack that compromised Target’s system late last year which led to 40 million customer accounts being compromised. While law enforcement officials have been brought in to try to get to the bottom of this mess, hackers have so far managed to stay one step ahead of the law.