That Russian hackers may be hording 1.2 billion credentials merely reflects the insecurity of the world we live in today, says David Perry, threat strategist at the Finnish IT security company F-Secure.
The hacker community can be a cynical crowd, or perhaps a realistic one, that tries to make the best of the threats confronting society. CISO Dan Geer, for example, prefers to hire security folks who are, more than anything else, sadder but wiser.
A report that a Russian hacker group dubbed "CyberVor" is hoarding more than 1 billion stolen passwords triggered worldwide concern, but security experts caution that scant details have been revealed, making the threat tough to judge.
A Russian cyber gang has breached over 420,000 web and FTP sites to pilfer over 1.2 billion credentials, according to Hold Security, saying it discovered "what could be arguably the largest data breach known to date."