#Password Breach Exposes 16 Billion #Credentials Threatening #Crypto Security
Cybersecurity researchers uncovered 16 billion leaked login credentials from major platforms including #Apple, #Google, and #Facebook.
The breach encompasses 30 exposed datasets with individual collections ranging from 16 million to 3.5 billion records.
Most databases contained an average of 550 million entries exposed through unsecured Elasticsearch and object-storage instances.
Crypto holders face heightened risks of targeted account takeover attempts against custodial wallets and exchange platforms.
Password-based seed phrase backups stored in cloud services could enable attackers to access private keys.
The data provides "fresh, weaponizable intelligence at scale" for potential mass exploitation campaigns, according to cybersecurity analysts.
Security experts recommend immediately updating passwords, enabling 2FA, and avoiding digital storage of recovery phrases.
