LONDON, UK – Billions of usernames have fallen into the hands of hackers who are selling compromised logins on the Dark Web. According to a stark new study from Digital Shadows, more than 24 billion username and password combinations are being sold on cybercrime marketplaces. That staggering number is equivalent to almost four times the world’s population, which means there’s a chance one of your logins has been stolen without you realizing it.
The study from the threat intelligence and digital risk protection firm noted a sharp rise in stolen logins. Compared to figures from 2020, there has been a whopping 65 percent increase in the number of usernames and passwords obtained by bad actors.
Worryingly, despite many warnings advising against it, the research found people are still using easy-to-guess passwords. The research found the top 50 most common passwords include passwords, such as the obvious ‘password’ login as well as ‘123456’ and ‘qwerty’.
“Criminals have an endless list of breached credentials they can try but adding to this problem is weak passwords which means many accounts can be guessed using automated tools in just seconds.”
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