LinkedIn is facing a $5 million-plus lawsuit for a massive breach earlier this month. The social networking site’s 6.5 million member passwords were posted on a Russian hacker forum. LinkedIn was using only a rudimentary hashing algorithm that is not even close to the current industry standard. LinkedIn has promised an “aggressive” defense, which LinkedIn says is “without merit” The courts have so far declined to award damages to plaintiffs who cannot prove actual damages, which will likely be changing as judges and lawyers come to better understand how such breaches can have long-term effects.”]
Source: https://www.csoonline.com/article/2131912/legal-battle-over-linkedin-breach-could-be-costly.html