Earlier quoted context omitted.
Simple, for every user that the hackers have, try their password for the associated email account, guaranteed they will gain access to many email accounts. Now they have access to their banking accounts.
This could happen, but do we have any evidence that it has? I'm being serious...I constantly hear about widespread leaks of passwords, but the most I hear about it is people having their email hacked by a botnet to...send spam. Have their been any large scale attacks to gain access to bank accounts to then clean them out somehow? On top of that, how does getting access to someone's bank account even help you? You hav…
The more password databases are hacked, the better password cracking becomes, and the more sites black hats get access to. It's a vicious cycle. Yes, people sometimes do get large amounts withdrawn from bank accounts.