LinkedIn Cash Settlement For Hacking

LinkedIn users will get each in password-leak settlement
To settle a class-action lawsuit that alleged LinkedIn failed to protect the passwords and private information of its premium subscriber customers, the company has agreed to pay $ 1.25 — or about $ 1 each — million to approximately 800,000 people who …
Read more on Las Vegas Review-Journal

Even more on the Linked In settlement:

LinkedIn Settles Class-Action Suit Over Weak Password Security
In June 2012, a file containing 6.5 million encoded LinkedIn user passwords was posted on a Russian hacker site. The passwords were protected with a weak form of security, allowing hackers to easily unravel the code and find the actual passwords.
Read more on New York Times (blog)



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