Highly sensitive data including passwords and email addresses belonging to some of the most powerful officials in the UK has been compromised.
The data is reportedly being traded online and is said to include up to 1,000 British MPs, 7,000 police employees, and more than 1,000 Foreign Office officials.
And it seems that the list of people affected includes Cabinet members Justine Greening (education secretary) and Greg Clark (business secretary).
That low price is down to the fact that the data itself is old, and the database mostly likely commanded a much higher cost when it was ‘fresh’.
This is because the data was apparently sourced from a number of websites such as LinkedIn and MySpace, as well as a number of other services.
LinkedIn was famously hacked in 2012 and it was thought that almost 6.5 million passwords for the social networking site were stolen and published online at that time.
Then last year it was revealed that 117 million LinkedIn account details, including email addresses and passwords, were up for sale.
Yevigeniy Nikulin, a 29-year-old Moscow resident, allegedly conspired with two others, over the hacks against LinkedIn, Dropbox and other websites.
Nikulin was arrested last year in the Czech republic and is currently fighting extradition to the United States.
Whilst the data seems to be out of date by now, there is concern that the information could potentially be used to blackmail or impersonate officials via their personal accounts.
The National Cyber Security Centre (NCSC), which safeguards the UK against cyberattacks, reportedly said it would reissue guidance to government departments after being presented with the findings by the Times.
The concern about this data breach is down to the fact that people often tend to reuse the same passwords for multiple websites and services.
GCHQ has previously offered up its advice on how consumers can ensure their passwords are fit for purpose.
Late last year, it was revealed that thousands of pounds had been stolen from the bank accounts of Groupon users after fraudsters used login credentials leaked in previous data breaches.
Quiz: Are you a security pro?
Swedish telecoms giant Ericsson blamed “challenging mobile networks market” and “further volume contraction” for job…
Dramatic downfall. Sam Bankman-Fried sentenced to 25 years in prison for masterminding $8bn fraud that…
Fallout avoidance? Tesla buyers in the US must be shown how to use the FSD…
Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in…
While AI promises unparalleled efficiency, productivity, and innovation, questions regarding its environmental impact loom large.…
Shares in Donald Trump’s social media company rose about 16 percent after first day of…