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APR 27, 2013 - Forbes

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LivingSocial Hacked. 50 Million Members Affected. Those With 'Universal Passwords' Should Probably Change Them.

LivingSocial's revenue struggles aren't its only headache today. The daily deals site has been hacked. The Washington, D.C.-based company, which relies heavily on investment from Amazon, has over 70 million members; the accounts of over 70% of them -- 50 million members -- were compromised by a recent cyber attack. The hackers did not get financial or credit card details but did get access to "names, email addresses, date of birth for some users, and encrypted passwords — technically ‘hashed’ and ‘salted’ passwords," according to an internal memo circulated to employees that was obtained by ... Read More

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