By Peter Sullivan - 08/06/14 07:47 AM EDT
A Russian crime ring has stolen 1.2 billion user names and passwords and more than 500 million email addresses, according to a report in The New York Times.
“Hackers did not just target U.S. companies, they targeted any website they could get, ranging from Fortune 500 companies to very small websites,” Alex Holden, the founder of Hold Security, the company that made the discovery, told the Times. “And most of these sites are still vulnerable.”
This is not the first high-profile data breach in recent months. Late last year, hackers were able to steal credit card information from the retailer Target.
That breach led to the reintroduction of data protection legislation.
The latest breach adds another complication to an already declining relationship between the U.S. and Russia, countries that have sparred over the crisis in Ukraine.