MySpace confirms 427m hack

MySpace has confirmed that some of its users' passwords and account records have been swiped by hackers – who have been hawking millions of username and password combos online.

As many as 427 million stolen MySpace login IDs are on offer for $2,800.

"The compromised data is limited to a portion of Myspace usernames, passwords and email addresses, from the old Myspace platform prior to June 11, 2013 – when the site was relaunched with significant steps to strengthen account security," MySpace owner Time said in a statement.

The leak follows similar black market user credential sale security flaps at LinkedIn and Tumblr over recent days. ®