Professional-networking website LinkedIn Corp. (LNKD: Quote) on Tuesday issued an update on the actions undertaken after the June 6 theft of 6.5 million passwords. The company stated that there have been no reports of compromised LinkedIn accounts as a result of the password theft.
Further, the company confirmed that all member passwords now are hashed and salted to provide an additional layer of security.
"The health of our network, as measured by member growth and engagement, remains as strong as it was prior to the incident," LinkedIn noted.
The firm said that soon after it became aware of the theft, it launched an investigation to confirm that the stolen passwords were LinkedIn member passwords. The stolen passwords were not published with corresponding email logins, it said.
Those members the firm believed were at risk, and whose decoded passwords already had been published, had their passwords disabled quickly and they were sent an email by the company's customer service team.
By the end June 7, all passwords on the published list that were believed to have created risk for members had been disabled, whether the passwords were decoded or not. After the passwords were disabled, members were contacted with instructions on how to reset their passwords.
The company said it is compliant with SEC regulatory filing obligations.
LNKD closed on Tuesday at $94.46, up $0.17 or 0.18 percent, on 2.03 million shares.
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by RTT Staff Writer
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