MySpace is a dead duck, a social network not used by folks serious about using social networks. Because of this, it comes as no surprise to see hackers selling millions of MySpace passwords for just under $3,000.
Recently, hackers managed to grab over 427 million MySpace account recently, a move that one would expect would garner lots of attention. However, no one seems to care that much — not even the hackers.
According to reports, a hacker who goes by the name Peace is selling the database of MySpace credentials on a dark web marketplace known as The Real Deal. From what we have come to understand, this particular hacker is asking for just six bitcoins, which comes out to about $2,800.
Now, it is difficult to tell if the database the hacker has is authentic. It could all be a fluke to make some extra cash but then again, it could be real. He’ll be hard pressed to attract any buyers seeing as MySpace is no longer behemoth it once was.
If this database is indeed real, then it would be the largest credential theft in the history of the web. Since the database contains more passwords than usernames, its suggests some usernames have more than one password attached to them. Passwords such as “homelesspa”, “password1”, and “abc1” are some of the most popular on the list, which is a shame because over two million people on MySpace are using those passwords combined. It makes us wonder if folks care about their accounts at all because using such weak passwords is a clear sign of madness.
Microsoft recently created a system to fight the issue of weak passwords that bans any credentials that are easy to guess.
This isn’t the first time passwords from a major social network have managed to enter the hands of hackers. Tumblr was caught in the crossfire recently as well when over 65 million usernames and passwords were swiped by hackers, putting users at risk of having their accounts accessed.
If you believe there’s a chance your credentials might be a part of this database, we suggest visiting Have I Been Pwned? for more information.
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