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50 Million Passwords Hacked

DATA THEFT

April 29, 2013

Cyberthieves have breached LivingSocial, accessing the passwords of more than 50 million users, PC Magazine reports. It is not yet known how the attackers breached the systems, but the passwords were salted and hashed, the report states. With the passwords, the hackers potentially had access to user names, e-mail addresses and birthdays; credit card and other financial data were not affected. LivingSocial CEO Tim O’Shaughnessy said the company is “redoubling efforts to prevent any issues in the future.”
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