Inc.: Why Facebook Buys Lists of Stolen Passwords
At the Web Summit in Lisbon several days ago, Facebook’s Chief Security Officer, Alex Stamos, noted that, in an effort to ensure that no compromised passwords are used on Facebook, Facebook purchases lists of stolen passwords from hackers who sell them through various dark-web marketplaces — i.e., the black market of cyberspace.
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Joseph Steinberg is a cybersecurity expert witness and advisor, and a Lecturer on Cybersecurity at Columbia University in NYC. He has led businesses in the information-security industry for over two decades, and has written books ranging from the best-selling Cybersecurity for Dummies to the official study guide for a CISO certification exam. He is one of only a few dozen people worldwide to hold the suite of advanced information security certifications, CISSP, ISSAP, ISSMP, and CSSLP, indicating that he possesses a rare, robust knowledge of information security that is both broad and deep; his information-security-related inventions are cited in well over 500 US patent filings.
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