Duplicate Login Details Enabled Hack of More Than 20 Million Chinese Consumers (thestack.com)
An anonymous reader writes: According to various Chinese sources including Techweb (Chinese language), police in Zhejiang held a conference on Monday announcing that 20.59 million users of the 'Chinese eBay', taobao.com, had their login details stolen by proxy, when hackers ran user/pass combos from a stolen database of 99 million other users and found that more than 20% were using the same login credentials across different ecommerce sites.
Taobao is more like Amazon or Newegg Marketplace where everything is "sold by , packed and shipped by Taobao". Any eBay type auctioning is rare.
I call that sweet, sweet justice. If their government wants to turn a blind eye to what their people do to the rest of the world, I'm not going to start giving a shit when they prey on their own.
So, in a nutshell: the average Chinese consumer is just as ignorant about good security practices as the average American. Hardly surprising.
Who would have guessed that duplicate logins would be an issue when you have a billion people named chin or chong.
I must say I do it, mostly on forums, but important things (email, banking, ebay, paypal, etc) have their own logins and passwords
"Science will win because it works." - Stephen Hawking
"...and found that more than 20% were using the same login credentials across different ecommerce sites."
And this is why you shouldn't do that.
Basic, basic Password Security 101. Ignore at your own risk.
Just cruising through this digital world at 33 1/3 rpm...
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