Another day, another hacking incident in the headlines, with embarrassed corporate executives scrambling to figure out what happened (and to cover their posteriors).
Time (TIME) on Tuesday morning confirmed reports that Myspace, a Time Inc. social networking site, has been the victim of a major data breach. As many as 360 million Myspace user records were reportedly stolen.
Shortly before the Memorial Day weekend, Myspace’s IT security personnel learned that stolen Myspace usernames, passwords and email addresses were being posted by an online hacker forum. The hacking incident is still under investigation and the full scope of the breach remains unclear.
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