X

Seeking to settle a class-action lawsuit, LinkedIn, the largest business-oriented social network, has agreed to compensate up to 800,000 people who paid for its premium services.

The lawsuit alleges that the company falsely assured users it was using strong security measures to protect their personal information.

However in June 2012 a file containing 6.5 million encoded LinkedIn user passwords was posted on a Russian hacker site. The passwords had been protected with a weak form of security, allowing hackers to easily unravel the code and find the actual passwords.

Under the settlement, approved by a federal district court in Northern California, 800,000 American users who paid for premium services between March 15, 2006 and June 7, 2012, are eligible to make a claim on the US$1.25 million settlement fund.

Ahem. After fees for the plaintiffs’ lawyers are deducted, that works out to about $1 for each affected user.
thumbnail G415 SmartHouse 728x60 LinkedIn Settles Security Suit
3 728x90 LinkedIn Settles Security Suit
CUST Retention FY22 Sport WinterCodes Q3 NRL 728x90 LinkedIn Settles Security Suit
Aspire Vero Banner Intel CCF 728x90 LinkedIn Settles Security Suit
gtv r3 728x90 px LinkedIn Settles Security Suit
4Square clarity ad 1 LinkedIn Settles Security Suit
728x90 Tour LinkedIn Settles Security Suit
Uniden PRO 728 x 90 LinkedIn Settles Security Suit
braun audio 728x90 LinkedIn Settles Security Suit
728x90  LinkedIn Settles Security Suit


YOU MAY ALSO LIKE