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August 6, 2014
NEW YORK — Rarely does a week go by without news of another hacking incident. On Tuesday, The New York Times reported that a Russian crime ring had amassed some 1.2 billion username and password combinations.
The Times report, based on information from Milwaukee-based Hold Security, called the data “the largest known collection of stolen Internet credentials.” Hold's researchers did not identify the origins of the data or name the victim websites, citing nondisclosure agreements. The company also said it didn't want to name companies whose websites are still vulnerable to hacking, according to the Times report.
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