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Hackers break into more than 20 million accounts on China’s largest marketplace

One of China’s largest web companies suffered a massive hacking attack last year, its owner said Thursday. Hackers managed to gain access to 20.59 million user accounts on Taobao.

The attack on China’s largest marketplace happened in October last year, where criminals managed to obtain a database of 99 million usernames and passwords for Taobao, according to Reuters.

One of China’s largest web companies suffered a massive hacking attack last year, its owner said Thursday. Hackers managed to gain access to 20.59 million user accounts on Taobao.

The attack on China’s largest marketplace happened in October last year, where criminals managed to obtain a database of 99 million usernames and passwords for Taobao, according to Reuters.

The police in China reportedly held a press conference earlier this week detailing the attack, which resulted in 25 suspects arrested in relation to the case.

The police said Alibaba also suffered a large attack last year on its business-to-business trading platform, Alibaba.com. Hackers were able to gain control of a prominent seller’s account, which resulted in them defrauding an estimated 1,700 overseas clients of some $1 million in sales.

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