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Daily Dashboard | LinkedIn, Capital One Settlements Total Nearly $77 Million Related reading: Council of State to examine Belgian DPA reform bill

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LinkedIn has agreed to pay $1.25 million to settle a class-action lawsuit stemming from a 2012 data breach, MediaPost reports. The settlement requires LinkedIn to pay up to $50 to some of the users who purchased premium memberships, and the company promises to protect users’ passwords by “salting” and “hashing” them for the next five years, the report states. One lawyer called the settlement “extraordinary” because it provides “significant direct cash to the class and valuable prospective relief.” Meanwhile, users who sued Facebook for privacy violations are asking a California judge to consider U.S. District Judge Lucy Koh’s recent refusal to toss similar claims brought against Yahoo, and Capital One Financial Corp. and three collection agencies have agreed to pay one of the largest settlement amounts in history—$75.5 million—to end a privacy class-action.
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