Hackers selling 117 million LinkedIn passwords

[WhiteTara]

http://money.cnn.com/2016/05/19/technology/linkedin-hack/

LinkedIn was hacked four years ago, and what initially seemed to be a theft of 6.5 million passwords has actually turned out to be a breach of 117 million passwords.

On Wednesday, the professional social network company acknowledged that a massive batch of login credentials is being sold on the black market by hackers.

The worst part about it is that, because people tend to reuse their passwords, hackers are more likely to gain access to 117 million people's email and bank accounts.

The advice for everyone who uses LinkedIn (LNKD, Tech30) at this point is: Change your password and add something called two-factor authentication, which requires a text message every time you sign in from a new computer.

This episode drudges up some embarrassing history for LinkedIn.