A massive cyber security breach has exposed a file containing approximately 10 billion passwords on an online hacking forum.
The compilation, posted on July 4, includes both old and new password breaches, making it the largest such leak to date. The leak raises significant concerns about credential stuffing attacks, where hackers use a breached password to access multiple accounts.
An IMF report highlights that malicious cyberattacks have doubled globally since 2020, particularly targeting the financial and healthcare sectors. Despite the leak's magnitude, some experts believe the file's size may render it less effective for attacks.