Russian hackers steal 1.2B Web credentials

Criminals in Russia have amassed a huge database of 1.2 billion stolen user names and passwords and half a billion email addresses .... The data, believed to be the single biggest horde of stolen Internet identity information ever collected, was garnered from attacks that reached into every corner of the Web and hit around 420,000 sites, said Hold Security.

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We have Hold Security, the company who apparently broke this news, who is providing a free service to help you identify if your password has been compromised. Sounds like either a publicity stunt, or a pure bid to steal the passwords.