The LinkedIn Data Breach: What Can Businesses Learn?

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Information privacy and security are hot topics these days and for good reason. Social media website,  LinkedIn was the latest high-profile company to suffer a serious customer data breach.

On June 6, LinkedIn made headlines when it was discovered that hackers had posted 6.5 million LinkedIn passwords to an underground forum. In addition to the negative publicity associated with the breach, the company was subsequently hit with a $5 million lawsuit.

The data breach lawsuit, which seeks class-action status, claims that LinkedIn failed to use “long standing industry standard encryption protocols,” which should have protected user information. The company has since increased its security measures, but maintains that the lawsuit is meritless because users have not actually been harmed.

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