The recent huge password breach at social media networking site LinkedIn provides an object lesson in the need for improved IT risk management. After all, if a huge business such as LinkedIn can find itself with millions of users whose passwords may have been hacked, it only means that small and medium-sized businesses with access to fewer resources must be all the more diligent to use those resources to their maximum capacity.
In the case of LinkedIn, more than 6 million hashed passwords may have been breached, though the company has yet to issue any official numbers. The networking site, intended and used primarily for individuals in professional fields, posted a blog entry revealing the problem, explaining that: "Members that have accounts associated with the compromised passwords will notice that their LinkedIn account password is no longer valid. For security reasons, you should never change your password on any website by following a link in an e-mail."