LinkedIn confirms data breach, asks users to change passwords

Friday, June 08, 2012
LinkedIn Homepage
New York/New Delhi: Following the huge password leak at LinkedIn, the social media has accepted the security breach that believed to have affected over 6 million users.

As per cyber security experts, LinkedIn users must change their passwords immediately.

Reports had suggested that about 6.4 million LinkedIn passwords were hacked and posted on the Web and LinkedIn was investigating the matter. 

LinkedIn claims to operate the world's largest professional network with 161 million members in 200 countries. 

The company, which went public last year at $45 a share, has doubled in value despite woes about social networks. Shares closed up marginally at $93.08 on Wednesday.

It posted a profit of $5 million in the past quarter on revenues of $188 million.

A recent survey showed LinkedIn is the most popular US site for posting jobs with 77 percent of openings shared there.

(With agencies inputs.)
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