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2.7 billion! The figure denotes the number of records including 773 million unique email addresses and passwords leaked yesterday as Troy Hunt wrote in his blog.

More than 87 GB of sensitive data are now in free access to every criminal in this world. Wow! Who needs this kind of data? How could that happen? So how to get protected?

Before we go further, check your email, maybe you’ve been pwned too.
(if no — continue reading, if yes — you definitely should stay).

Cybercrime is a reasonably profitable business. The number of cyber crimes is growing firmly, from meager DDoS attacks to global scale espionage campaigns. It’s fair to claim that hackers’ efforts bring them enough money to keep going not to say that they are earning a lot.

In 2015 Kaspersky Lab experts presumed to see cybercriminals compromising the bank networks and manipulating ATMs in real time. Three years later we hear that Russian bank lost $1 million after a hacker’s attack which compromised a router (router! who would have thought?).

Their other prediction stated that attacks against virtual payment systems are possible. Possible? What if I tell you that a 6-year old school child can find a YouTube video “How it takes just 6 seconds to hack a credit card”.

Kaspersky Lab guys really know what they’re doing. However, there is something more of it.

“Breaking Down the Underground Economy”

Hearing the heading like this, you might think about bootleggers or corruption and bribery. However, it’s 2019, and we’re talking about cyber crimes.

Security Intelligence tells that illegal cyber activity totals approximately $200 billion annually. The number was calculated during an academic study into cyber money laundering schemes.

Interesting to note that apart from people who perform cybercrimes, there are people who share and sell soft for “making the attack come true.” Here I mean a separate income resource in cyberworld — selling the means for criminal hacking. The same Security Intelligence calculated that while an “executor” can make $200 for an attack, a “service provider” will get up to $250k for his/her malware kit.

Besides, there is some sort of hierarchy in the cybercrime economy. Junior hackers-attackers make a basic income of ~ $30,000 a year; senior guys generate far more.

What’s the Risk If My Data Is Stolen?

Getting back to 2.7 billion records compromised. Why should I even care?

People make lists like of our email addresses and passwords in an attempt to see where else they can fit. The success of this strategy is signified on the fact that people tend to use the same credentials on various services, don’t you? You may have entered this password while signing on the dull and unnecessary webinar for long ago; you’ve long since forgotten about it and then got back to the same credentials when creating a new bank account. Do you see what I mean? If the former account is breached then your bank account is subsequently hacked, and you’ve got a severe problem.

Also, there are dozens of options on how to use your credentials. You know, those stories in movies aren’t always fictional.

How Can I Protect Myself?

Getting back again to the checking on haveibeenpwned whether your email is compromised. Your first step is to change the password. Yes, if the screen becomes red, you need to change it immediately. Please don’t put off, and I’m serious. 
Your next step should be getting a password manager! That’s so easy.

A password manager gives you an opportunity to store all your secrets in a secure vault. I personally use LastPass, as a good friend of mine who is a hacker (a good one) recommended to me. However, there are dozens of free and costly password managers for your taste. These programs keep not only your password to Netflix account, but they also store credit cards and banking information. Yes, they are safe. No one can give you a 100{6feaf74659bb228ac71d4b44630a8d52e718e4127a7f4337598235e19f63e205} guarantee that LastPass will never be hacked, but the program is on bug bounty, so it’s in good hands (I’ll tell you later what BB is).

If a digital password manager is too much for you, run old-school and get an analog-like a notebook.

The only thing — stay safe and protected!

At ROKKEX, we take security extremely seriously and our crypto exchange is built on ‘Security First’ principle. We want to share our expertise with the broader public for the world to become happy, safe, and wise.

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