Cybersecurity experts take Russian hacking scare with a pinch of salt

Cybersecurity experts take Russian hacking scare with a pinch of salt (http://www.theguardian.com)

Technology News – Cybersecurity

Security researchers have expressed concern over the claim that more than 4.5bn user credentials including 1.2bn unique usernames and passwords have been amassed by a Russian cybercriminal gang.

Security researchers from Kaspersky, Symantec and University College London have questioned the news reported on Tuesday that private security firm Hold Security had identified a Russian cybercriminal gang called CyberVor, which had amassed a database of more than 4.5bn stolen records, including 1.2bn unique usernames and passwords belonging to 500m email addresses.

Cybersecurity experts are concerned that Hold Security has not yet made the data public or available for confirmation by users. “We’ve had very little concrete information released,” said David Emm, senior researcher with security firm Kaspersky, talking to the Guardian.

“I’m inclined to take it with a pinch of salt for now.”

“Nothing has been released by an established security company – I personally haven’t come across Hold Security before – and we’ve had no information on the companies affected, or whether they’re still vulnerable,” said Emm. “There’s just what seems to me to be a pretty vague claim of the largest security breach to date.

(Continue reading at http://www.theguardian.com)

My Two Cents: I agree, I have never heard of Hold Security before too, and this claim is huge based on pretty vague data…

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