Apple, Google and other giants have had 16 billion log in credentials leaked, which may endanger the security of Crypto Assets holders.

On June 19, according to reports, over 16 billion log in credentials from major online service providers such as Apple, Google, and Facebook were leaked. This massive data breach could have serious consequences for Crypto Assets holders. Log in credentials refer to usernames and passwords (or other verification information).

According to a report released on Friday, the Cybernews research team reviewed “30 leaked datasets, each containing tens of millions to over 3.5 billion records.” These datasets totaled an “astounding 16 billion leaked login credentials.”

The report stated, “In addition to a ‘mysterious database’ containing 184 million records that has been reported, the remaining datasets have not been disclosed before.” Most databases average about 550 million records, and the smallest dataset has over 16 million records.

Cybernews warns that this data could serve as the “foundation for large-scale attacks,” providing attackers with a “fresh and weaponizable wealth of intelligence.” It is claimed that most data breaches originate from unprotected Elasticsearch instances or object storage services.