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It was also reported that other hackers have been advertising the sale of the stolen information in the underground as well.In an experiment, Motherboard provided email addresses—three from the news site’s staff and two from friends who have had accounts on the social network—to Leaked Source to verify the authenticity of the said stolen credentials.

Tumblr was noted to have used SHA1 to hash the passwords, aside from “salting” them, thus making it difficult for hackers to crack.The emergence of these extortion campaigns is a cause for concern for the FBI as these have sprung quickly after reports of massive data dumps in the cybercriminal underground involving stolen passwords from the mentioned social networking sites have reached public consciousness.On May 18, a hacker that goes by the handle ”, has made 117 million stolen Linked In credentials available on sale in the underground.Using this I can now message all of your friends and family members.” The bad news, according to the IC3, is that cyber extortionists quickly jumped on the wave of the disconcerting news of the massive data dumps claiming that names, phone numbers, addresses, credit card information and other personal details have befallen on their hands standing the chance of exposure to the recipient’s family, friends, and even social media contacts.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.A different extortion email says, “We have prepared a letter to be mailed to the following address that details all of your activities including your profile information, your login activity, and credit card transactions.Now for the good news, you can easily stop this letter from being mailed by sending 2 bitcoins to the following address.” Others go the length of threatening recipients of the possible financial and emotional strain that could come from the disclosure of sensitive information to the target’s contacts—bargaining that the continued secrecy of collected information once payment is made is more convenient than potential court proceedings and social embarrassment brought by the disclosure of information that could potentially ruin the reputation of the victim.Payment is demanded on a short deadline to further incite fear and heighten the sense of urgency to pay among its would-be victims.As is expected in any extortion scheme, failure to settle the demanded ransom would result into grave repercussions.

890 comments

  1. Using this I can now message all of your friends and family members. wave of the disconcerting news of the massive data dumps claiming that names. by hackers such as Adult FriendFinder, BeautifulPeople and the like.

  2. Adult Friend Finder, a casual dating website, has called in police and hacking investigators after a suspected leak of client information.

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