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Help!! Hacker breaks, releases staggering 10 billion passwords, what you must do now! Read what cyber experts say
By Kayode Sanni-Arewa
Cyber experts have urgently warned people to update their passwords after a hacker uploaded billions of login details.
The leak, called RockYou2024, was posted on July 4th containing a staggering 10 billion passwords from a compilation of old and new data breaches.
Researchers who revealed the leak said the information could allow hackers to target any system that isn’t protected by strict security software including online and offline services, online cameras and industrial hardware.
This could prompt a wave of data breaches, financial fraud and identity theft using the passwords, which were collected from more than 4,000 databases over the last two decades.
Cybernews researchers revealed that a hacker released a staggering 10 billion passwords collected from 4,000 database.
The user, who goes by ObamaCare, used 8.4 billion passwords from an earlier crime forum released in 2021 and cracked 1.5 billion new passwords
Researchers at Cybernews who investigated the hack said the perpetrator goes by the name ObamaCare.
The person appeared to use 8.4 billion passwords from an earlier crime forum released in 2021.
However, an additional 1.5 billion new passwords were obtained from records from 2021 to 2024.
‘Xmas came early this year,’ ObamaCare wrote on the forum.
‘I present to you a new rockyou2024 password list with over 9.9 billion passwords.
The hacker added that they ‘also cracked some old ones with [their] new 4090,’ – a high-end Nvidia graphics card – containing ‘actual new real passwords from users.’
The file was released in a 45.6-gigabyte zip archive using leaked records from sites like X (formerly Twitter), AdultFriendFinder, MyFitnessPal, LinkedIn and Adobe.
The top two impacted brands are Chinese-based companies that far surpass other online companies.
They include 1.5 billion from Tencent – a tech company that provides internet services – and 504 million from social media platform Weibo.
‘In its essence, the RockYou2024 leak is a compilation of real-world passwords used by individuals all over the world,’ the researchers said, adding ‘revealing that many passwords for threat actors substantially heightens the risk of credential stuffing attacks.’
Credential stuffing occurs when hackers use a password from one data breach to log in to an unrelated service like using a password obtained from the AT&T leak to see if the person uses the same password for their bank account.
Cybernews told Forbes that its researchers have been in contact with the hacker and are working to investigate the datasets and the roughly ‘30 gigabytes of combo lists from which data was extracted.’
Users can check if their password was leaked by visiting the Cybernews site and entering their password.
As a preventive measure, users should immediately reset their leaked passwords on all accounts and select strong, unique combinations that aren’t used on multiple platforms.
They should also enable multi-factor authentication which provides a second level of security by requiring verification like facial recognition or a PIN in addition to the passwords.
‘There really is no excuse not to use unique passwords for every single account as data breaches unfortunately continue to occur and grow,’ Jake Moore, the global cybersecurity advisor for security vendor ESET told Forbes.
‘Luckily, password managers are easier than ever to use and implement into daily life. Plus they offer the hard part of password generation and the secure storing of these complex codes.’
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FEC approves ₦47.9tn 2025 budget
By Kayode Sanni-Arewa
The Federal Executive Council, FEC, has approved a proposed national budget of ₦47.9 trillion for the 2025 fiscal year.
Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Thursday while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu.
This was part of the Medium-Term Expenditures Framework, MTEF, for 2025 to 2027 and in line with the Fiscal Responsibility Act of 2007.
“And equally, the fiscal objectives were conservative, because we want to ensure that we study the course much as we believe the projections will be exceeded.
“The budget size that was approved for presentation to the National Assembly in the MTEP is ₦47.9 trillion, with new borrowings of ₦9.2 trillion to finance the budget deficit in 2025,” Bagudu said.
“We need to sustain the market deregulation, commendable market deregulation of petroleum prices and exchange rate, and to compel the Nigerian National Petroleum Corporation Limited to lower its oil and gas production cost significantly, and even to consider the need to amend the relevant sections of the petroleum industry act 2021 to address the significant risk to Federation.
“The Federal Executive Council approved the Medium Term Expenditure Framework and the physical strategy paper, and it will be submitted to the National Assembly.
“This is in addition to bills that are already at the National Assembly, the economic stabilization bills and tax reform bills, which we believe we will have a very, very strong growth in 2025.”
During the meeting, the FEC approved its submission to the National Assembly as required by the 2007 Fiscal Responsibility Act.
The framework projected a gross domestic product (GDP) growth rate of 4.6 percent, an exchange rate of $75 to the naira, and oil production of 2.06 million barrels per day. [Channels TV]
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