50,000,000 usernames and passwords lost as LivingSocial “special offers” site hacked

Reblogged from Naked Security:

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LivingSocial, the online offers site owned in largish part by Amazon, has just emailed its userbase, said to be 50,000,000-strong, to fess up to a data breach.

That’s right: another day, another shed-load of password hashes in the hands of crooks.

At least LivingSocial’s password database was salted and hashed, which reduces the impact of the breach a lot.

Naked Security reader Chris, from Melbourne, Australia, kindly sent us a copy of the notification email he received:

Read more… 659 more words

Hmmm.. data breaches are more of a routine than an exception. There are many lessons to be learned and adopted before we could do anything to secure our information assets.
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