Canadian Police Charge Operator of Hacked Password Service Leakedsource.com
Summary: Canadian authorities arrested and charged 27-year-old Jordan Evan Bloom of Thornhill, Ontario, alleging he administered Leakedsource.com, a service that sold access to billions of stolen passwords, and earned roughly $247,000 from trafficking identity information. The RCMP's Project Adoration began in 2016 after learning the site was hosted on servers in Quebec, and the charges include trafficking in identity information, unauthorized use of a computer, mischief to data, and possession of property obtained by crime.
Key Takeaway: LeakedSource held credentials from breaches including three billion accounts at sites like LinkedIn and Myspace, and the RCMP alleges one operator made about $247,000 reselling them - a reminder that the passwords your users reuse are already circulating and priced.
Read the original at Krebs on Security ↗
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