If you follow cybersecurity news or news of any type at all, you’ve probably heard of the 12 TB worth of data leak discovered by a team of security researchers. The data breach is being dubbed as the Mother of all Breaches or MOAB. Apparently the breach tree contains 26 billion leaked records, as per the security researchers from Cyber News and Security Discovery.
In this blog, we help you unravel what the Mother of all Breaches is all about. Is it actually as disastrous as it sounds? Do you need to worry and does it mean your data is definitely leaked online? Let’s find out.
1. What Records Have Been Leaked?
2. Who is Behind this Massive Breach?
3. What is the Potential Impact of the Breach?
4. Lessons Learned for Individuals
5. Lessons Learned for Businesses
As per initial reports, it appears that the records that have been leaked are a compilation of stolen data from past breaches. About 1.4 billion of the leaked records allegedly come from a breach at Chinese instant messaging app, Tencent CQ.
Millions of other records in the massive breach come from other social media and digital platforms like Twitter, MySpace, LinkedIn, Canva, DropBox, MyFitnessPal, Telegram and AdultFriendFinder. Records of various government organisations have also made it to the data tree. These nations include the U.S., Germany, Brazil, Turkey amongst others.
So far, it is apparently unclear who is behind this alleged Mother of all Breaches. It is obviously a data broker or an advanced malicious actor but their identity is, as of now, unknown.
Many cybersecurity experts feel that the impact of this data breach could be massive. It could lead to unprecedented credential stuffing attacks. Matters will be worse for those users who use the same password across sites.
For instance, if your Canva password and Gmail password are the same and your Canva password is part of the leak, a cyber criminal can now use that leaked password to potentially hack into your Gmail account. And this could be done for hundreds of millions of users across hundreds and millions of websites.
The Security Researchers who discovered the database said, “Threat actors could leverage the aggregated data for a wide range of attacks, including identity theft, sophisticated phishing schemes, targeted cyberattacks, and unauthorised access to personal and sensitive accounts.”
Cyber News had earlier discovered a massive dataset with leaked records in 2021. This database contained 3.2 billion records, making the new MOAB significantly worse.
However, several analyses are also suggesting that the breach isn’t as bad as it may sound at first. Of course, having personal data stolen and circulated as part of a large compilation online is never a great thing. But many are pointing out that this breach is only a compiled collection of thousands of previously leaked records. Some of the records may even be duplicate. Therefore, one cannot be sure that it’s 26 billion unique records that comprise the 12 TB data set.
The important thing to remember here is that, apparently and hopefully, no new data has been exposed. If you’ve been part of other data leaks in the past and have used that news as a warning signal to update all passwords and use unique ones across multiple platforms, you should likely be fine.
However, here are some precautions and preventive measures you can take now to protect yourself better:
Don’t panic: Yes, it’s not a great feeling to know that your data may be easily searchable as part of a huge leaked database. But if you’ve been practising good security hygiene over the years, there is likely nothing to panic about afresh. Let the MOAB be a reminder of the consequences of not being vigilant with your online security.
Update passwords if you haven’t already: If you used platforms that were breached in the past but never bothered to update your passwords, then do so NOW. And remember, just changing the password for the breached account is not enough. You must change your passwords and use unique ones across all sites which may have had your old, stolen credentials.
There is an embarrassingly long list of organisations with an equally embarrassing number of records that seem to be part of this Mother of all Breaches. Yes, the data may be part of old compromises, yet the damage this sort of data tree can cause afresh cannot be undermined.
This breached database must act like a warning bell for business and government organisations across the globe to pay serious attention to their cybersecurity starting now.
Here’s what companies that may or may not have been named in the dataset can do: