LinkedIn Corp., owner of the world's biggestprofessional-networking website, confirmed reports that some userpasswords were compromised in a security breach.
|The Mountain View, California-based company apologized tocustomers in a blog post and said that members will know if theiraccounts were affected because their passwords will no longer bevalid.
|“We take the security of our members very seriously,” thecompany said. The service has more than 160 million users.
|LinkedIn said on its Twitter Inc. micro-blogging site earliertoday that it was investigating reports of stolen passwords. Thecompany cites security issues as a risk for investors in regulatoryfilings, and disclosed as recently as last month that it hasexperienced website disruptions and outages for reasons including“denial of service or fraud or security attacks.”
|Future disruptions were possible, according to the May 7 filing.Breaches demonstrate a need for U.S. legislation to help safeguarddata, a member of Congress said.
|“How many times is this going to happen before Congress finallywakes up and takes action?” U.S. Representative Mary Bono Mack, aCalifornia Republican who heads a House Energy and Commercesubcommittee that has looked at online-privacy issues, said in astatement. “This latest incident once again brings into sharp focusthe need to pass data protection legislation.”
|LinkedIn sent its first Twitter message, or tweet, this morningtelling users that it was looking into the issue and followed up atabout 11:20 a.m. New York time, saying nothing was confirmed. Aspokeswoman, Erin O'Harra, said LinkedIn would continue to updateusers on Twitter.
|Password Tips
|LinkedIn advised users never to change passwords by following ane-mail link, as “those links might be compromised and redirect youto the wrong place.” The company's website has a “Settings” pagewhere changes can be made.
|“In order for passwords to be effective, you should update youronline account passwords every few months or at least once aquarter,” the company said on Twitter, while listing tips onpassword creation.
|While the company didn't mention any specific attacks in itsregulatory filings, Reuters reported in May 2011 that the websitehad “security flaws” that made accounts vulnerable to hackers,citing a security researcher who identified the problem.
|LinkedIn rose less than 1 percent to $93.08 at the close in NewYork, after earlier falling as much as 1.5 percent. The stock hasmore than doubled since the company's initial public offering inMay 2011.
|Bloomberg News
|Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.
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