After a great run, a successful IPO and a series of progressively profitable quarters, LinkedIn has been hit with a bit of bad news in the last few weeks. It started with the fact that 6 million of their users’ passwords had been leaked to a Russian site. Then there were the phishers. Now the company has been hit with a $5 million class action lawsuit attempting to collect remuneration for the “lack of security measures” that LinkedIn implemented for its passwords.
The argument will be made that LinkedIn hadn’t done enough to protect those passwords, and the suit indicates that LinkedIn did not implement a strict enough encryption process. LinkedIn’s passwords were hashed, which is a more basic for of encryption and obscuring, but not salted, which makes it far more difficult for the passwords to be hacked.
Check out more details about the case at Courthouse News Service.