Victim of Epic Hack Points Finger at GoDaddy and PayPal

Passwords, even strong ones, aren't enough to protect you. Your online accounts are only as safe as the security policies of the companies that hold them.

At least that's the apparent lesson to be learned from Naoki Hiroshima's epic account of how one hacker used a series of simple social-engineering tactics to gain control of his online accounts without using a single password.

Naoki Hiroshima claims to have tweeted using the @N handle since signing up for Twitter in 2007. In that time, he said, he has fended off multiple attempts by attackers to take control of the coveted one-character account. He claims he was once even offered $50,000 in exchange for the handle. Read more...