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June 19, 2012

LinkedIn Being Sued for $5 Million
For Privacy Breach

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LinkedIn is being sued for $5 million for the privacy breach in early June that compromised over 6.5 million users' passwords. The lawsuit is covering both users with paid and free accounts, and is based on what the complaint calls a “troubling lack of security measures” by LinkedIn, according to Courthouse News Service.

The hacking, which happened on June 5, lead many to question the privacy and security policies of LinkedIn. First, the complaint claims that LinkedIn wasn't properly storing users' passwords. LinkedIn apparently didn't use an updated encryption method called "salting," which is an industry standard. It also took the company 12 hours to confirm that the hacking occurred and notify their users, giving hackers and identity thieves plenty of time to use the compromised passwords to access LinkedIn accounts.

This is the latest in a string of lawsuits being brought against social networking companies because of their privacy and security issues. If you are worried about your identity being stolen or hackers gaining access to your computer, check out some of the identity theft and security software solutions that we reviewed to find one that can help you.

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