LinkedIn Breach Could Spur Eager Plaintiffs Attys Into Action

By Allison Grande (June 6, 2012, 9:53 PM EDT) -- LinkedIn Corp. is investigating the reported theft of nearly 6.5 million user passwords, it confirmed Wednesday, a breach attorneys say could expose the company to not only significant reputational harm, but also potential privacy litigation brought by a plaintiffs bar that has become increasingly aggressive in the face of rising cybersecurity threats.

The leak occurred when a file containing more than 6.46 million hashed passwords that allegedly belonged to LinkedIn users were posted to a Russian "hacker website." While the passwords were encrypted, the poster asked others on the forum to help crack the codes.

In an update posted to its...

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