In an effort to better understand how users accounts get ‘hijacked,’ Google collaborated with the University of California at Berkeley to investigate how the black markets responsible for obtaining and selling user credentials operate.
The study took place from March 2016 to March 2017 and the research focused primarily on tracking several large black markets trading in third-party password breaches and 25,000 blackhat tools utilised for phishing and keylogging.
By the end of their research, Google and the University of California identified 788,000 credentials stolen using keyloggers, 12 million credentials stolen through phising and 3.3 billion credentials leaked through third-party breaches.
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Source: ITProPortal