MySpace hacked! Time Inc. confirms hacking of 360 million users info

Zee Media Bureau

New Delhi: Time Inc. today in blog post confirms hacking of its social networking site MySpace, according to Bloomberg Technology reports.

The company declares that around 360 million accounts have been stolen in this hacking incident which includes e-mail addresses, usernames, and passwords of the account created before June 11,2013 on Myspace platform.

Time Inc assures that the stolen records does not contains any financial data and therefore this massive breach will not affect any of the company's system.

MySpace has already reported about the breach and it is in the process of notifying affected users and working with law enforcement.

The company got to know about the hacking incident just before the start of Memorial Day weekend (or Spring Bank Holiday in the UK).