IT security: LinkedIn has agreed to pay $1.25 million to settle a class-action law suit.
The law suit accused the company of failing to protect the passwords and private information of its premium customers.
The law suit was prompted by the hack that took place in June 2012, when Russian hackers stole around six million passwords. The suit stated that LinkedIn failed to ‘salt’ user passwords, making it easier for hackers to uncover protected data.
For those who are unsure, Techopedia defines password salting as “a form of password encryption that involves appending a password to a given username and then hashing the new string of characters.”
The settlement covers individuals in the US who paid the premium subscription between 15th March 2006 and 7th June 2012, where they must apply for a share of the settlement.