Hacking Breaches - The Risks

Many times following hacking breaches you will see a statement issued by the company that was hacked saying "no financial information was accessed", or words to that effect. If the institution was one you are involved with, you might breathe a sigh of relief - but you could be premature. Credit cards are protected by a limit on your financial responsibility, but regardless of whether financial information was affected or not, the more important and far-reaching question is whether any email addresses and passwords (or password hashes) were lost. That should set off alarm bells, because may people re-use passwords across different sites (think about your password habits), and so may open themselves up for some devastating consequences. Read more at ZDNET.

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