Recent Data Breach: "1.2 billion people exposed"

[Artemis3]

Microsoft Office 365: 1.2 billion as claimed by o_e_l_e_o, also Microsoft Office 365 went down yesterday[1][2][3]

yeah man lets hope it is just microsoft office 365 who got hacked because Iam using libre in linux  
very likely it is not crypto related since the number is a way too big compared to our community

Yes, i have also been using Libreoffice for years, but this is a fundamental problem with all "subscription based" services, they are centralized. I think the next scandals might come from streaming services. Gaming networks have already been compromised (ie. Sony's). And is the very reason KYC is so dangerous. Data identity theft is only increasing and the more we are forced to trust our credentials to third parties, the more we give to those who steal it.

This is the fundamental problem with government "controls", the almighty police state is also the very source of the problem. And so are the corporations that do the same "in the name of security", end causing the opposite.

Years ago i couldn't believe people actually accepted the idea of "software subscription", and here we are, looking how this mess unfolds.

Worst thing is, this won't the last one.

[shield132]

Can't understand one thing, if it was data breach, company had to say that during 72 hour and if they are in silence, idk, such thing happens? It's serious breach.
On another hand is it the breach of Alipay? Cause there was news about that and Alipay has 1.2 billion user, you can see article there: http://www.xinhuanet.com/english/2019-10/01/c_138440413.htm
Idk trustworthiness of website but I think in case it's true, is very close to reality.
But it's sad they don't care about our security, they make AIs in order to process all of our data as soon as possible and use for marketing purposes.

[IwantMoonBefore2020]

I am sure it's nothing related to bitcoin or cryptos at all! We have not yet reached billions yet! So it's highly unlikely that crypto community will be affected by this breach! It's probably from the organizations like Facebook, whatsapp, google, Instagram etc. Or probably from some giant international banks with trillion dollar valued transactions everyday (you know what I mean)!

Microsoft bought Hotmail in 2012 and restricted peoples acces to ther proper account , microsoft Employee asked me to let them acces my computer for prove them i was owner of my proper email adresse ? This is from long times ago already, i told them no and created other email adresse, when i get it back 2 months ago chinese was on my email adresse and deleted everything from my pass.

[IwantMoonBefore2020]

It’s quite alarming and concerning that massive data breaches like these are just a common occurrence now. I mean, how could a large company possibly lose such massive data like that? It’s not like they’re hiring security analysts and other staff for nothing yet getting top dollar on the payroll.

Well, it's mostly a cat and mouse game. White hat hackers and security analysts improve help improve the security of the overall system, while at the same time the black hat hackers improve their skills by looking for vulnerabilities. Data breaches are pretty much inevitable. The best and most secure systems just fend of hackers a lot longer than not-so-secure systems.

The best for protecting data is like resolving double spending for bitcoin, we need to be able to have network for protecting data, senders and receivers and we fine and make encryption of the data only readable with the key inside chest and protect it.
No one can do nothing like satoshi computer encrypted by truecrypt and no one can do nothing, probably need 1000years for decrypt it.   

[Wintersoldier]

The best for protecting data is like resolving double spending for bitcoin

It was already fixed and Bitcoin is not allowing double-spending today, because if yes then no one will utilize bitcoin as its system is faulty. So, you can freely use Bitcoin without worrying about spending double or take advantage of the double spending blockchain issue before.

we need to be able to have network for protecting data, senders and receivers and we fine and make encryption of the data only readable with the key inside chest and protect it.

What about the context of having a hardware wallet? "Not your keys not your bitcoin" right? In this case you have your keys and keep it somewhere safe, in vault in example. So you need not to worry about your funds getting stolen.

[mk4]

There was also a data breach of 1.19 billion confidential medical images in the last few days, including names, addresses, dates of birth, and social security numbers, as well as obviously the imaging in question, but apparently this is a separate breach and the numbers are just a coincidence.

Probably not. The same dude tweeted this:

Can't understand one thing, if it was data breach, company had to say that during 72 hour and if they are in silence, idk, such thing happens? It's serious breach.

I don't think it hasn't been 72 hours yet. The dude made a new tweet. I assume the new postponed release date is the 72-hour limit.

[coin-investor]

There was also a data breach of 1.19 billion confidential medical images in the last few days, including names, addresses, dates of birth, and social security numbers, as well as obviously the imaging in question, but apparently this is a separate breach and the numbers are just a coincidence.

Probably not. The same dude tweeted this:

Can't understand one thing, if it was data breach, company had to say that during 72 hour and if they are in silence, idk, such thing happens? It's serious breach.

I don't think it hasn't been 72 hours yet. The dude made a new tweet. I assume the new postponed release date is the 72-hour limit.

It's like an emergency button for us I hope it's not gmail I am looking on all my files and checking everything I am not into microsoft because I know how weak their security system is, and I'm very limited on all my social accounts, we may have to wait for this big announcement and see if there are casualties, I may rethink my options on keeping my files if I found what it is.

[o_e_l_e_o]

So apparently the breach is data from various data breach processing firms, which someone has probably bought and then left on an unsecured server. Apparently no sensitive information (passwords, credit card numbers, etc), but profiles on hundreds of millions of users including names, addresses, phone numbers, email, social media pages, employment histories, and more.

So probably no wallets being compromised as a direct result of this breach, but plenty of identity stealing or social engineering potential.

[Murat]

Sometimes this analysis makes me more afraid of our virtual life, day by day we are getting faced a lot of bad experience regarding hacking or insecurity for our social and virtual life, In recent time, I've faced a huge destruction on my Crypto career, It's a huge lose, it's big amount hacked by someone, it's really an alarming news for us, it's sad but true that some people are working hard for creating something special and on the other hand, some are working behind the scene who is trying to steal money and information from another people, this is just the lack of moral and proper education, it's real problem in this virtual world.

[Lucius]

https://twitter.com/vinnytroia/status/1197849029553655814
https://www.wired.com/story/billion-records-exposed-online/

Wait is over, now we know that this "data breach" is about Facebook, Twitter, and LinkedIn profiles. But if you read comments under this tweet, some say that this is not data breach in the true sense of the word, but "This is a collection of scraped, public information"

I don't think this will hurt anyone in particular, this is just a large amount of publicly available data collected in one place.

[o_e_l_e_o]

I don't think this will hurt anyone in particular

It definitely could, as I said above. Name, address and date of birth is enough in many countries to apply for a credit card, loan, or other forms of credit in someone else's name. It's enough to redirect your email, and then start stealing tax information and social security numbers. The combination of your phone number plus all your social media profiles makes SIM jacking potentially very easy, depending on how much data you have shared on your social media profiles. Once they've redirected your SMS messages, they can reset email passwords and then reset pretty much any password you have.

[mk4]

https://i.imgur.com/ntQlcft.jpg
https://twitter.com/vinnytroia/status/1197849029553655814
https://www.wired.com/story/billion-records-exposed-online/

Wait is over, now we know that this "data breach" is about Facebook, Twitter, and LinkedIn profiles. But if you read comments under this tweet, some say that this is not data breach in the true sense of the word, but "This is a collection of scraped, public information"

I don't think this will hurt anyone in particular, this is just a large amount of publicly available data collected in one place.

Yea. Still quite disastrous if you ask me, but it's definitely misleading by the Twitter dude. He sort of gave the impression that a single company actually got hacked. Instead, it's just some scraped accounts from people with little to no security awareness whatsoever. While it ended up being heavily uninteresting and anticlimactic, hey, look at the bright side! at least there's not that much damage than we expected!

[Lucius]

It definitely could, as I said above. Name, address and date of birth is enough in many countries to apply for a credit card, loan, or other forms of credit in someone else's name. 

It is very easy to find all this information without any such security breaches, it is mostly public information. That is why it is important to protect your personal information, although this is not easy at present time when everyone really knows everything, everything is online and it just takes a little effort if you want to compromise someone. I am aware of how easy it is to abuse someone else's data, but much of the blame lies with those who do not require greater security checks before granting a loan, or replacing a SIM card.

I replace my old SIM in less than 1 minute, without any ID or any question. It's amazing how easy it is to do something like that.

[IwantMoonBefore2020]

The best for protecting data is like resolving double spending for bitcoin

It was already fixed and Bitcoin is not allowing double-spending today, because if yes then no one will utilize bitcoin as its system is faulty. So, you can freely use Bitcoin without worrying about spending double or take advantage of the double spending blockchain issue before.

we need to be able to have network for protecting data, senders and receivers and we fine and make encryption of the data only readable with the key inside chest and protect it.

What about the context of having a hardware wallet? "Not your keys not your bitcoin" right? In this case you have your keys and keep it somewhere safe, in vault in example. So you need not to worry about your funds getting stolen.

I know everything,what i said was for data.

[auntyjmary]

The situation now is really alarming and it calls for a global   commitment and not just governments alone to find an amicable or long lasting solution to the high number of data breach. The use of the internet have also exposed everyone to this invasion of privacy and identity theft.

[meanwords]

I am sure it's nothing related to bitcoin or cryptos at all! We have not yet reached billions yet! So it's highly unlikely that crypto community will be affected by this breach! It's probably from the organizations like Facebook, whatsapp, google, Instagram etc. Or probably from some giant international banks with trillion dollar valued transactions everyday (you know what I mean)!

That's what I thought too. I doubt the cryptocurrency community would be affected by this. If one of those companies mentioned are really exposed, I'll be making some serious profit out of this because it is like a free news. Now that the news is out, invest in their stocks when it is at the lowest. You'll see some gains in a few months. This is a big news for everybody that's why they delayed it.

[seoincorporation]

...

I don't think this will hurt anyone in particular, this is just a large amount of publicly available data collected in one place.

I do not agree with you, 1.2 billion is a big number, maybe it will not hurt all of us, but at least some of us will get their data exposed, and for sure some marketing business are already working with that leaked data.
If the news already hit 'weird.com' it's because is something big.

[Velkro]

This is becoming too common thesedays. I guess the companies don't get harsh fine or jail term as punishment for not properly securing  people's private data. otherwise they will be very careful collecting the private data atall or storing them without strong security.

This is huge problem today.
On top of this HUGE leak, there could be more hacks because of that huge hack.
This is really dangerous and will only get worse in time.

[Sadlife]

Im still waiting for someone to post the updates and what company did the data breach happened was it really microsoft?
Even though its not related to bitcoin/crypto it might still indirectly affect the crypto market cause chances are there are some of them that is a crypto investor. I hope this is not the reason why the turn bearish.

[Eugenar]

Im still waiting for someone to post the updates and what company did the data breach happened was it really microsoft?
Even though its not related to bitcoin/crypto it might still indirectly affect the crypto market cause chances are there are some of them that is a crypto investor. I hope this is not the reason why the turn bearish.

There are many factors that determines the market condition, this might not be directly the cause of the declining market but also contributes to the factors that can be considered. Investors with their data breached would be demotivated to invest in the market since their reputation to the system will be lessen. Though the breached is not directly affects the crypto, it impacts the trust of the people to the technology in a holistic manner.