LinkedIn reportedly spent nearly $1 million to fix security breach

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.