Posts Tagged ‘fraud’

Monster Passwords Hacked

Tuesday, January 27th, 2009

The popular job site monster has allegedly been hacked and millions of passwords and account details have been stolen. It is estimated that there are around four and a half million Monster users in the UK and many more world wide, all of who could now find their details in the hands of fraudsters.

What makes this a significant problem is that many people use the same passwords for many of their online accounts. If this is the case, the details from monster can be used to access countless other Internet services including EBay accounts, bank accounts and online shops. If email accounts can also be accessed, it makes the hackers jobs much more simple. This is because, in many cases, simply entering an email account and clicking “forgot password” will result in a password details being mailed to the users email account.

Over the past few months there have been several instance of high profile security threats including conficker (the windows worm) and a number of Facebook scams and viruses. It seems that these are becoming more and more common at a time where a greater number of personal details are stored on the Internet on social networking sites.

Although many people are logging on to monster to change their passwords, in most cases this is too little too late. It is better to change the passwords of other accounts to ensure that the password cant be used to access other services. However, the best way to ensure you are save against this kind of crime is to have different passwords for different accounts.

Although many people find it hard to keep track of multiple passwords, it is fairly easy to put a system in place to help you remember passwords. For example, you could use the name of the company backwards followed by a 1. In this method, your Hotmail password would be “liamtoh1″ and your Facebook password would be “koobecaf1″. Systems like this are easy to remember and will go a long way in helping to protect you against Internet fraud.