Security specialists have raised alarms over the vulnerability of online accounts, stating that almost half of all passwords in use today can be broken within minutes.
The sobering assessment highlights that most passwords are susceptible to cracking in under an hour. Experts emphasize the ease with which common choices can be compromised using basic tools and techniques.
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New analysis reveals that over 30 percent of Bitcoin's supply sits in wallets vulnerable to future quantum attacks, with exchanges holding a disproportionate share of the exposure. A startup has proposed a soft-fork solution to protect even dormant holdings, including Satoshi Nakamoto's estimated 1.1 million coins.
Microsoft has alerted users that hackers are targeting password reset processes to breach accounts. The activity is attributed to the group Storm-2949.
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A new study indicates that more than half of Americans experienced fraud last year. Experts say scams are becoming increasingly efficient and the trend is expected to worsen.