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However, the exact number of affected parties has not been disclosed at the time the notice was released.Security researcher and moderator of data breach awareness portal (HIBP) Troy Hunt, on Monday, May 30, shared that the breadth of the breach actually involves over 65 million compromised records—now regarded as one of the most massive data dumps of its kind.." In a public service announcement dated June 1, the Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI) alerted the public of a string of email messages reportedly landing on inboxes of unknowing online users in an attempt to extort money.The scammers, according to the reports received by the agency, have been leveraging the latest stream of high-profile data breaches that have imperiled the security of millions of members of social networking sites Tumblr, Myspace, Fling and Linked In.In a statement, the hacker noted that the compromised emails and passwords were part of the harvested data from an earlier breach that dates back to 2012—with figures then pegged only at 6.5 million encrypted passwords.[Full story: The Resurfacing of Breached Data from the 2012 Linked In Hack] Paid hack search engine then marked the available troves of user credentials with a rate of 5 Bitcoins, or an amount totaling to around 2,200 USD.
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.
The same hacker in question, Peace, claimed ownership to a vast database of My Space login details totaling to 360 million, which would essentially be one of the biggest password leaks known to date.
While the date when the breach took place has not been determined yet, it is a known fact that the stolen credentials may have been compromised and mined long before My Space has waned in its popularity.
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.