[Krebs on Security] 'LuminosityLink RAT' Author Pleads Guilty

Krebs on Security has posted a new item. A 21-year-old Kentucky man has pleaded guilty to authoring and distributing a popular hacking tool called "LuminosityLink," a malware strain that security experts say was used by thousands of customers to gain unauthorized access to tens of thousands of computers across 78 countries worldwide. Please use the link above to continue reading this posting. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 2.3 Billion Credentials were Reported Spilled in 2017 Attackers weaponize previously compromised usernames and passwords against your organization via credential stuffing attacks. Once attackers establish valid credentials on your sites, they steal whatever value is stored in the account - credit card info, frequent flier miles, gift cards - leaving you with fraud losses and distraught customers. Read the second annual Credential Spill report to learn new ways attackers disguise credential stuffing and the total cost of attacks on commonly targeted industries. Key Findings - It took on average 15 months for organizations to announce that their users’ passwords had been compromised - US Banks face $50 Million in potential losses per day from credential stuffing - Retailers face the highest proportion of credential stuffing attacks (80-90% of login traffic) Get the report: * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * You received this e-mail because you asked to be notified when new updates are posted. Best regards, BrianKrebs P.S. You may manage your subscription here: