LinkedIn reportedly spent nearly $1 million to fix security breach

Following the hapless security infraction that LinkedIn experienced two months ago, the company is now saying that it has spent a huge amount of money to fix the problem. Fresh from its earnings call today, LinkedIn CFO Steve Sordello said that the company has spent between $500,000 and $1 million on forensic work after 6.5 million LinkedIn hashed passwords were leaked and posted on a hacking site in Russia early in June. Sordello said that the company will continue to invest more on security and added that ongoing efforts to protect members should add $2 million to $3 million in costs in the current quarter.

Ubergizmo , LinkedIn reportedly spent nearly $1 million to fix security breach, LinkedIn reportedly spent nearly $1 million to fix security breach