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300 Billion Passwords? Internet of Things Growth poses Unprecedented Threat by 2020

ID: da92ea5c-3e52-540a-aa9e-b13f8372d601

STIX ID: report--da92ea5c-3e52-540a-aa9e-b13f8372d601

Feed Name: Security Ledger

Threat Score
65/100

Date Published: 2017-02-01

Date Updated: 2026-05-06

Author: Elizabeth Montalbano

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The article warns that exploding numbers of IoT devices and poor password practices are creating a massive credential risk, citing a Thycotic/Cybersecurity Ventures report that billions of passwords were stolen (3 billion in 2016) and forecasting vastly more at risk by 2020; it also highlights specific flaws (a Netgear router password bypass) and recommends mitigations such as encrypted storage, password policies, and privileged-account vaults.

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