Dumped LivingSocial database offered for 1 Bitcoin

Dumped LivingSocial database offered for 1 Bitcoin

I’m sure many of you will have already read about the massive database breach at LivingSocial, a daily-deal company second only to Groupon. If not, then you aren’t one of the “lucky” 50 million people chosen for that day’s “special deal”. LivingSocial reported a breach of their systems which resulted in the names, email addresses, dates of birth and hashed and salted password values being stolen. Although LivingSocial passwords were hashed and salted, unfortunately the cryptographic algorithm used was not a particularly strong one (SHA-1) this means that while cracking that password database is not trivial, it is certainly not impossible. As a result, LivingSocial has reset all passwords for every user and obliged them to create new ones , this time using a new algorithm (bcrypt). Additionally, as password reuse continues to be a perennial problem, they have also rightly a...

Full article: http://countermeasures.trendmicro.eu/dumped-livingsocial-...

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