While the myspace data breach may data back a few years, it’s size (roughly 427 million passwords!) serves as a reminder that not every breach/attack is immediately detected let alone thwarted. This serves as a harsh reminder on the ever evolving need for cyber security that fuels our Safety & Security investing theme.
Time, Inc. didn’t confirm how many user accounts were included in this data set, but a report from LeakedSource.com says that there are over 360 million accounts involved. Each record contains an email address, a password, and in some cases, a second password. As some accounts have multiple passwords, that means there are over 427 million total passwords available for sale.Despite the fact that this data breach dates back several years, the size of the data set in question makes it notable. Security researchers at Sophos say that this could be the largest data breach of all time, easily topping the whopping 117 million LinkedIn emails and passwords that recently surfaced online from a 2012 hack.