In a wake of the Liberty Reserve shutdown, Hold Security has received credible evidence derived from recent and on-going cyber attacks, that Liberty Reserve customers’ data have been used to compromise their other financial accounts.
Based on the evidence, at very least, e-mail addresses and passwords that belonged to Liberty Reserve users have been used in attacks against other financial institutions. Cyber attacks using Chinese CAPTCHA-breaking services began as early as May 27, 2013, targeting financial institutions where Liberty Reserve customers may have accounts.