Russian hackers steal billions of usernames and passwords

(NEWSCHANNEL 3) - The New York Times is reporting that Russian hackers have stolen 1.2 billion user names and passwords in a series of internet heists.

The theft is believed to be the work of fewer than a dozen members of a Russian crime ring.

They are said to have targeted more than 420,000 internet sites.

According to Hold Security, the cyber security firm that uncovered the theft, they took usernames, password information as well as email addresses that they say could be used and abused for multiple services.