menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Tether CEO...
source image

Coindoo

3w

read

97

img
dot

Image Credit: Coindoo

Tether CEO Launches Offline Password Manager After 16 Billion Credential Leak

  • Tether CEO launched an offline password manager in response to a recent massive credential leak affecting major platforms.
  • Over 16 billion passwords were exposed in the breach, raising concerns about fraud and identity theft.
  • The incident has been labeled 'unprecedented' by cybersecurity experts, highlighting risks associated with cloud infrastructure.
  • The new password manager, PearPass, stores user credentials locally to avoid cloud vulnerabilities and potential hacking threats.
  • PearPass operates offline, distinguishing itself from traditional password managers that utilize centralized cloud storage.
  • The tool will be open-source, emphasizing transparency and community oversight for user security.
  • Users will have the ability to generate and manage strong passwords on their devices, ensuring data never leaves local storage.
  • PearPass aims to provide users with control over their digital keys, offering enhanced security in the face of increasing data breaches.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app