"It's unclear why the person who uploaded the list waited so long to spill the goodies after the original breach" - Really slow upload rate?
Months later, Gamigo hacker takes dozy dump, exposes 8 million
More than eight million email addresses, usernames and password hashes from German gaming website Gamigo have been dumped online, months after the site was hacked. A 500MB file containing 8.2 million Gamigo user login credentials was uploaded and publicised via a post to password-cracking forum Inside Pro, according to the …
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Wednesday 25th July 2012 16:28 GMT Trapped
Passwords are distroying the world
It is just annoying the fact that we are still living in a password world. Almost everything is still only password protected. But ultimately the fact is passwords (strong or not) do not replace the need for other effective security control. As was stated passwords are useless, outdated, and a security risk. That same organization understood that only real solution is the need to add additional layers of authentication for access and transaction verification without unreasonable complexity and this will of help to their customers if they implement some form of a two-step or two-factor authentication were you can telesign into your account and have the security knowing you are protected if your password were to be stolen. This should be a prerequisite to any system that wants to promote itself as being secure. With this if they were to try to use the “stolen” password and don’t have your phone nor are on the computer, smartphone or tablet you have designated trusted, they would not be able to enter the account.