There’s still much that’s unclear about Tuesday’s revelation that a small group of hackers in Russia have amassed a database of 1.2 billion stolen user IDs and passwords. The company that disclosed the incident, Hold Security, didn’t offer any fresh information Wednesday, but here are five questions we’d like to see answered (and a bonus one that we already know the answer to).
What are the hackers going to do with them?
The answer to this depends partly on the previous two questions. If they are fresh credentials for important services like online banking, they are ripe to be used to siphon money from online accounts. If they are older or from little-used services, they might be used to send spam by email or post it in online forums. Continue reading