Hacker looks to sell 117M LinkedIn passwords from 2012 data breach

1 min.

May 19, 2016

LinkedIn says that it is moving quickly to deal with the release of data from a 2012 security breach, which could include 117 million passwords.
A hacker is reportedly looking to sell a package containing account records for 167 million LinkedIn users on the darknet. Some 117 million of the accounts are said to contain “hashed” passwords, which use an algorithm to protect the password.
Selling off additional data is regular practice by cybercriminals, according to Amit Ashbel, director of product marketing at application security specialist Checkmarx. “Once they manage a large hack they will always save something for a rainy day,” he said, via email. “The fact that these are now being sold online indicates to me more than anything else that the hacker needs cash and now is the time to pop out that old stash and sell to the highest bidder.”
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