LinkedIn is a social network for professionals, boasting over 3 million Australian members. According to Alexa rankings it is the 12th most active website in the world.
A Russian forum user yesterday claimed to have hacked LinkedIn and uploaded a list of 6,458,020 encrypted passwords as proof. LinkedIn this morning confirmed that the passwords correspond with accounts on their network. These accounts have had their passwords reset and an email sent to the user asking them to create a new password.
Mashable website has reported that the password storage system used by LinkedIn makes it much easier for a hacker to crack the encryption on the passwords through relatively cheap means and in a reasonably short amount of time.
Read why Drew thinks any LinkedIn user should be seriously concerned
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Read the confirmation statement from LinkedIn