Researcher reveals 10 million login credentials

The Internet is one of the most significant inventions ever. Sometimes, it even seems as if the world has been reduced to a computer screen. People access their bank accounts, purchase anything from groceries to wedding rings on the internet and live substantially in the virtual world. In such a situation, internet crimes can wreak havoc on a person's life.

President Obama has launched various initiatives in order to reduce internet crimes where hackers have stolen user identities and hacked into their accounts. Recently, celebrities were targeted by internet criminals hacking their accounts and leaking obscene and private pictures all over the internet. Such internet crimes created panic all over the state of Oregon.

Many researchers use hacked and illegally obtained information for their research and reporting. With the Obama administration cracking down on all such federal computer crimes, most have been dissuaded from using such hacked data. However, a researcher recently released around ten million usernames as well as their corresponding passwords on the internet as a form of rebelling against the stringent Internet rules being proposed by the government.

The new amendment to the Computer Fraud and Abuse Act will likely reduce such internet crimes. The proposed amendment would eliminate the intent element presently required to convict someone of an internet crime. Thus, the intent to defraud that was a prerequisite for conviction would now only require a willful act for the commission of such internet crimes. Internet crimes deeply invade one's privacy and can have grave financial repercussions for the victim.

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