LinkedIn spokesperson confirmed that the company is working on resetting the affect users passwords. So they say they have no indication there has been a breach. Please help me understand how 117 million usernames and passwords have been taken but there is not a breach.
A security guy name Troy Hunt says the hacker inflated the data.
"He told FORBES he’d seen a number of passwords in plain text, indicating the hackers had managed to crack some of the hashes – the result of the password being passed through a cryptographic algorithm to turn it into gobbledygook. “The reality is, it’s a breach from four years ago and some passwords won’t just be valid today, they’ll be valid across different sites,” Hunt warned."