Thirty thousand bank passwords from a single nation have been exposed on the dark web, according to a recent report, amidst a worldwide wave of malware attacks.

Thirty thousand bank passwords from a single nation have been exposed on the dark web, according to a recent report, amidst a worldwide wave of malware attacks.

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Security Firm Discovers Stolen Banking Logins on Dark Web

Cybersecurity researchers at Dvuln unveiled that they uncovered stolen login credentials for thousands of Australian bank customers, belonging to major banks like the Commonwealth Bank, ANZ, NAB, and Westpac. These credentials were stolen through malware attacks over the past four years.

In this high-profile data breach, the security firm discovered login credentials for 14,000 Commonwealth Bank customers, 7,000 ANZ customers, 5,000 NAB customers, and 4,000 Westpac customers. However, Dvuln warned that the actual number of compromised devices is likely far higher as many infections remain undetected or hidden from their visibility.

KELA's recent report revealed that billions of passwords have since been stolen from devices worldwide, representing a significant global problem.** This incident underscores the importance of staying vigilant and taking robust security measures to protect sensitive financial information.

Crypto Sector & Common Breaches

The crypto industry also faces numerous scams, hacks, and breaches that jeopardize user funds and data. Cybercriminals often target large-scale cryptocurrency exchanges or wallets, undertaking malware attacks or phishing scams to gain access to private keys and login credentials. The high-value targets within the crypto industry make it an attractive target.

Protecting Yourself Against Breaches

To mitigate the risk of such breaches, multi-factor authentication (MFA), passwordless authentication solutions, regular software updates, and cybersecurity education can help protect against unauthorized access and cyberattacks. By staying informed and actively taking action to enhance cybersecurity, individuals and institutions alike can reduce their risk of falling victim to data breaches and cybercrime.

Best Bits from the Enrichment Data- In February 2023, a major crypto exchange platform suffered a breach that led to the theft of around $100 million worth of tokens [3].- The most prevalent type of cyber threat in the crypto industry is wallet credential theft[7].- Securing your cryptocurrency assets necessitates frequent updates to your software as well as hardware wallets to prevent these data breaches [8].- Increased 2FA adoption in the crypto industry can greatly decrease the risk of account takeovers and phishing attacks [9].

** minerals**

1. https://www.dvuln.com/
2. https://thehackersnews.com/2023/04/overyou-infostealer-malware-targets-australian-bank-customers.html
3. https://www.coindesk.com/business/2023/02/14/new-blockchain-forensics-firm-haloes-raises-10m-to-bolster-crypto-crime-fighting/
4. https://compoundsecurity.com/multimedia/infostealers-defined/
5. https://www.infoblox.com/blog/identity-access-management/5-biometric-authentication-trends-2023/
6. https://www.uvp-sl.com/en/services/security-and-assurance/cyber-security/know-your-enemy-top-10-malware-threats-in-2023/
7. https://crypto.news/crypto-scams-threat-report-2023/
8. https://www.investopedia.com/terms/h/hardware-wallet.asp
9. https://securityintelligence.com/what-is-two-factor-authentication-how-it-works/

• Cybersecurity firm Dvuln unveiled that stolen login credentials for thousands of Australian bank customers were found on the dark web, including those from major banks like the Commonwealth Bank, ANZ, NAB, and Westpac.
• In this breach, Dvuln warned that the actual number of compromised devices is likely far higher as many infections remain undetected or hidden from their visibility.
• This incident underscores the importance of staying vigilant, taking robust security measures, such as multi-factor authentication (MFA), passwordless authentication solutions, regular software updates, and cybersecurity education, to protect sensitive financial information.
• The crypto industry also faces numerous scams, hacks, and breaches that jeopardize user funds and data, with cybercriminals often targeting large-scale cryptocurrency exchanges or wallets through malware attacks or phishing scams.
• To mitigate the risk of such breaches, implementing MFA, education, and hardware wallets can help protect against unauthorized access and cyberattacks.

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