Jakarta, Pintu News – Concern has gripped the crypto community after a team of researchers revealed a leak involving 16 billion passwords and login credentials. The leak covers a wide range of internet platforms, from social media to banks and VPN services. Digital security is in the spotlight, especially with frequent hacks in the crypto world.
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According to a report from Cybernews, the company’s research team found 30 sets of exposed data, collected by information thieves. “This is not just a leak, but a blueprint for mass exploitation,” said the analyst.
With over 16 billion login records exposed, cybercriminals now have unlimited access to personal credentials that can be used for account takeover, identity theft, and highly targeted phishing.
These leaks include new and seemingly crowd-sourced data, setting the stage for future crimes. These leaks are not the result of one big hack, but rather a collection of many smaller breaches that often target cloud services.
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The crypto community is very worried about this development. If the leaked passwords are as diverse as the report claims, does this include seed phrases or exchange logins? Crypto users need to question the security of their tokens.
Paolo Ardoino, CEO of Tether , promoted his company’s new project to protect user passwords: “The cloud has failed us. Again. 16 billion passwords were just leaked. It’s time to leave the cloud.”
While there has been a lot of panic over this incident, it’s important to remember that this is being referred to as a major leak, not a hack, as there was no single breach that exposed these passwords. These credentials were collected through a series of small breaches.
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Users who do not store passwords in the cloud may be better protected from these leaks. For the crypto community, some basic security measures, such as keeping your seed phrase written on paper, can completely prevent theft.
However, this incident is a reminder that crypto users should remain vigilant against possible hacks. It is important to adopt better security practices and consider alternative security solutions that do not rely on traditional cloud storage.
Multi-factor security and the use of hardware wallets are also recommended to enhance the security of crypto assets.
This data leak shows the vulnerabilities that still exist in today’s digital security systems. The crypto community, which is often a prime target for cybercriminals, must take proactive measures to protect their assets from increasingly sophisticated threats. This incident should be used as a lesson to improve security and awareness of the importance of maintaining privacy and personal data.
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