It was only a few months ago when Time acquired Myspace.com and now it is already time to do some damage control, thanks to a major hack that appears to have compromised passwords of hundreds of millions of people. That’s not a great way to start with your new acquisition.
Time Inc. has confirmed that its technical teams were notified of attempts to sell Myspace usernames, passwords and email addresses registered before June 2013 online. If that is you, pay attention.
One thing we do not know at this time is exactly how many accounts have been affected by the hack. Hopefully we will hear soon. Some reports suggest that the number might be as high as 360 million. And here you thought that nobody uses Myspace anymore. Myspace is reaching out to users who have been affected by the hack of course and is working with the authorities to try and find the people responsible.
The breach was limited to accounts registered before June 2013 because in the summer of 2013 Myspace took some big steps to improve security as part of a site re-launch. Otherwise it could have been worse. If Myspace were as popular as it used to be once, this would have been very bad indeed.