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As such, an extortion email sample reads, “Unfortunately your data was leaked in a recent corporate hack and I now have your information.I have also used your user profile to find your social media accounts.Notably, in all five instances, the source was able to send back corresponding passwords to the disclosed email addresses.According to Leaked Source, over 427 million passwords can be found in the database but only 360 million email addresses involved.
The good news, cleverly put by the scammers, comes after settling the ransom that ranges from 2 to 5 Bitcoins, or an amount equivalent to 250- 1,200 USD in exchange for continuous discretion of said ruinous information.In a blog entry posted on Friday, May 27, the site noted that each record contains “an email address, a username, one password, and in some cases a second password.” In a statement dated May 31, My Space officials confirmed the said breach of information and divulged that, “Shortly before the Memorial Day weekend (late May 2016), we became aware that stolen Myspace user login data was being made available in an online hacker forum.The data stolen included user login data from a portion of accounts that were created prior to June 11, 2013 on the old Myspace platform.” My Space highlighted that no credit card or any user financial information has been compromised.Because of this, the collection of stolen records was marked at a relatively lower price of 150 USD.