FBI says credential stuffing attacks are behind some recent bank hacks

The FBI has sent a private security alert to the US financial sector last week warning organizations about the increasing number of credential stuffing attacks that have targeted their networks and have led to breaches and considerable financial losses.

Credential stuffing is a relatively new term in the cyber-security industry.

It refers to a type of automated attack where hackers take collections of usernames and passwords that leaked online via data breaches at other companies and try them against accounts at other online services.

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Source:  ZDNet