Definition ∞ Stolen credentials are login details, such as usernames and passwords, that have been illicitly acquired by unauthorized individuals. These credentials can be obtained through various means, including phishing attacks, data breaches, or malware. Their misuse allows attackers to impersonate legitimate users and gain access to sensitive accounts and information. In the digital asset space, compromised credentials pose a severe risk to the security of user funds and personal data.
Context ∞ The prevalence of stolen credentials remains a persistent threat within the digital asset ecosystem, frequently contributing to account takeovers and unauthorized asset transfers. News reports often detail incidents where malicious actors have leveraged compromised login information to access cryptocurrency exchange accounts or DeFi protocols. Security experts continually advise users on robust credential management practices, including the use of strong, unique passwords and multi-factor authentication, to mitigate these risks effectively.
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