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The email schemes threaten to expose dirty, well-kept secrets to the mentioned contact list of the recipient, including employers.The FBI then divulged that given the variations of email messages sent to scare victims into paying, multiple cybercriminals may be behind the said ongoing extortion campaigns.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 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.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 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.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.In a statement to Motherboard, , the same hacker behind the sale of stolen Linked In credentials referred to the advertised Tumblr database simply as a “list of emails”.Tumblr was noted to have used SHA1 to hash the passwords, aside from “salting” them, thus making it difficult for hackers to crack.Currently, the site is also utilizing automated tools used to quickly identify and block whatever suspicious activity that may arise from the surfacing of the stolen credentials.Currently, Hunt continues to finalize data on the My Space breach, attempting to verify the number of stolen credentials available, its origins and the date when it actually occurred before it hid its tracks.

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