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LinkedIn reportedly spent nearly $1 million to fix security breach
Submitted by l33tdawg on Fri, 2012-08-03 02:36

LinkedIn spent between $500,000 and $1 million on forensic work after a large number of passwords were breached, LinkedIn CFO Steve Sordello said on the company's earnings call today.
The LinkedIn password breach in early June was one of the highest-profile password leaks of the year thus far, when a huge number of passwords were shared on a Russian hacker site. After the leak was discovered, LinkedIn reset the passwords of accounts that they believed were frozen.
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