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Hackapalooza: FBI totals up 500 million accounts hacked in past year!

Hackapalooza: FBI totals up 500 million accounts hacked in past year!
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If it seems like nearly every day, I'm telling you about the latest hack - or two or three - it's because the cybercriminals are really working overtime to find and exploit security flaws in nearly every area of technology. And the number of cards, accounts and people hacked just get bigger with every attack. The all-time record-holder hack at Target last fall hit 40 million cards. But that record quickly fell when hackers ripped off 56 million cards at Home Depot, followed by even more at JPMorgan.

Now, the FBI has totaled up all the hacks over the past year, and the number is stunning: 500 million accounts hacked! That's more accounts than there are people in the entire United States.

Nearly 110 million Americans have had their personal data exposed by cybercriminals during this time. A study by Verizon showed that many people in the business community who had been hacked didn't even know their information was compromised.

"We're in a day when a person can commit about 15,000 bank robberies sitting in their basement," said Robert Anderson, executive assistant director of the FBI's Criminal Cyber Response and Services Branch.

And, the tide isn't going to turn anytime soon. Over 400 million of those records were hacked in just the past six months. The FBI and Secret Service have warned companies that the American financial industry is one of the world's biggest targets for cybercriminals. That's terrifying when you consider how much of your savings and money is tied up in the digital world.

But, the government is encouraging businesses to fight back by preparing themselves, so they'll be ready when hackers come knocking.

Next page: Keep your financial records safe
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