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LinkedIn Sued Over Stolen Passwords

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When [URL="http://www.internetmarketingclub.org/entry.php/531-LinkedIn-Confirmed-Hack-and-Leak-of-Passwords-Issues-Apology"]LinkedIn was hacked[/URL] a couple weeks ago and millions of passwords were leaked onto the internet, that was not the end of their problems. A $5Million Lawsuit has been filed against LinkedIn with claims that their security was not strong enough.

Premium LinkedIn member Katie Szpryka [URL="http://www.scribd.com/doc/97609609/97589713-Linkedin-Class-Action-pdf"]claims in a complaint[/URL] that the company failed to use Industry Standard Protocols to protect the sensitive information, and demands a hefty $5 million in damages to make up for it.

When [URL="http://searchenginewatch.com/article/2186359/LinkedIn-Hit-With-5-Million-Lawsuit-Over-Stolen-Passwords"]Search Engine Watch[/URL] asked it whether it was true, LinkedIn confirmed that the lawsuit had been filed against it over the data loss.
"We don't believe any member account has been compromised as a result of the password theft, and we have no reason to believe that any LinkedIn member has been injured," according to a LinkedIn spokesperson.

What do you think? Is this a frivolous lawsuit or are LinkedIn account holders entitled to compensation for their private and personal data being leaked onto the internet?

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