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“Russian Market” becomes top source for stolen credentials

A prominent cybercrime market has become a leading hub for trafficking stolen account credentials. Security researchers have identified this platform as a significant source where bad actors acquire the necessary data to compromise online accounts.

Investigations reveal that this marketplace offers a vast inventory of login details, including usernames, passwords, and other sensitive information obtained through various methods like phishing attacks, malware infections, and data breaches. The accessibility of these credentials on such platforms fuels further cyberattacks, enabling fraud, identity theft, and corporate espionage. The sheer volume and low cost of these items make it a significant threat vector for individuals and organizations alike. Protecting accounts with strong, unique passwords and enabling multi-factor authentication is crucial in mitigating the risks posed by these underground markets. Staying informed about the methods used to steal credentials is the first step in building effective cybersecurity defenses.

Source: https://www.bleepingcomputer.com/news/security/russian-market-emerges-as-a-go-to-shop-for-stolen-credentials/

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