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Corporation
INTERNET | Internet Software & Services / Social
linkedin.com

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Founded Year

2003

Stage

Acq - P2P | Acquired

Total Raised

$103.2M

Valuation

$0000 

Revenue

$0000 

About LinkedIn

LinkedIn is an internet platform company focused on connecting the world's professionals. The company has a diversified business model with revenues driven from user subscriptions, advertising sales, and software licensing. The LinkedIn website was launched in 2003 and is the largest professional networking site in the world. LinkedIn previously traded on the New York Stock Exchange under the ticker LNKD.

LinkedIn Headquarter Location

2029 Stierlin Court

Mountain View, California, 94043,

United States

650-687-3600

Latest LinkedIn News

Data breaches affected nearly 6 billion accounts in 2021

Jan 25, 2022

Data breaches in 2021 set a new record with 5.9 billion accounts affected by digital thieves, according to a new report from a VPN provider. The largest breach of the period was actually a combination of multiple cyber-smash-and-grab operations over a five-year period that contained 3.2 billion unique email and password combinations. passes from Netflix, LinkedIn and other online outfits, reported AtlasVPN, which compiled its stats. from a number of publicly available sources. The massive data transport was offered for sale on the dark web for US$2, the report noted. Other major violations identified in the report and listed in order of magnitude include: In June, LinkedIn’s record 700 million users were offered for sale on the underground hacker. The leaked data included users’ email addresses, full names, phone numbers, physical addresses, geolocation records, genders, personal and work experience, and more. LinkedIn noted that the data was not acquired from an actual breach of its systems, but from a “data scraping” of its web-accessible API. In April, the information of 533 million users in 106 countries was extracted from Facebook and posted on a hacking forum. The leaked information included phone numbers, full names, locations, email addresses and biographical information about users. Facebook claims the data leak is the result of an old vulnerability that was patched in 2019. In January, data on 220 million Brazilians was discovered on a dark web forum. The data cache contained names, unique tax IDs, facial images, addresses, phone numbers, emails, credit scores, salaries, and other information. Also in January, a misconfiguration of the cloud – a common way of exposing data on the internet – by Chinese social media agency SocialArks, resulted in a data leak of 400 GB of personal data on around 214 million users. from Facebook, Instagram and LinkedIn. The data included names, country of residence, contact details, job position, subscriber data and profile links. “Even though data breaches are becoming a growing threat, it seems that organizations still aren’t doing enough to protect their users’ personal information,” said Ruta Cizinauskaite, writer and researcher at Atlas VPN, in an article. Press release. “One of the first things every organization should do is assess how much sensitive user data they collect – the less sensitive data is stored, the less chance there is of it being leaked,” she observed. . Violations are increasing rapidly Chris Olson, CEO of The Media Trust, a website and mobile app security company in McLean, Va., noted that data breaches have increased at all levels of analysis since 2020, from the likelihood of one violation to the number of publicly reported violations. , to the number of exposed records. “Although not all of the data is available yet,” he told TechNewsWorld, “some bottom-of-the-envelope calculations suggest that the size increased based on the number of exposed records divided by the number of violation per year”. He calculated that in 2020 there were 1,001 breaches and 155.8 million records exposed, an average of about 155,000 records per breach. In 2021, he continued, there were 1,291 breaches affecting 281.5 million records. This represents approximately 218,000 records per violation, an increase of more than 70%. Breaches rose rapidly in 2021, noted Lucas Budman, founder and CEO of TruU, a multi-factor authentication company in Palo Alto, Calif. “We exceeded the number of breach events in 2020 in the third quarter of 2021,” he told TechNewsWorld. A number of factors contributed to this increase, he added. “The ever-increasing sophistication of threat actors, a greater number of connected IoT devices, and the prolonged shortage of skilled security talent all play a role in increasing breach activity,” it said. he declares. Budman also argued that Covid-19 has contributed to the increase in data breaches. “Data shows that the increase in remote and hybrid working and other factors resulting from the Covid-19 pandemic have fueled the rise in cybercrime by 600% or more,” he said. Kevin Novak, managing director of cybersecurity consulting at Breakwater Solutions, a risk mitigation, management, and data analytics firm in Austin, Texas, explained that moving from a primarily captive workplace to a primarily remote location, in the wake of the pandemic, has been a driving force behind changes in the way attackers have pursued their targets. “Since an extremely high percentage of attacks are focused on the end user, this remote pass has proven to be very successful for attackers,” he told TechNewsWorld. “Similarly,” he continued, “the pandemic has dramatically changed the way goods and services are produced, shipped and consumed. These changes have acted as an unnatural tailwind that has driven businesses to rapidly adopt a new digital personality. “The pace and novelty of this adoption has created a more fertile and consolidated attack surface for attackers who will take advantage of enterprise misconfigurations until they have learned to manage these new platform paradigms. -form.” “The scale, complexity and cost of breaches have increased dramatically in 2021,” he added. “While we’ve certainly seen our share of close range attacks, we’ve also seen some of the most sophisticated and impactful breaches of all time,” he said. Worrying development Kevin Dunne, president of Pathlock, a unified access orchestration provider in Flemington, NJ, explained that enterprises are overwhelmed by the number of cyberattacks and data breaches they face as cyberattackers grow more courageous. and leverage the growing shift to cloud applications and infrastructure. “Right now, many attacks are inconsequential, and the cost of attack prevention appears to outweigh the cost of a data breach,” he told TechNewsWorld. ADVERTISING “However,” he continued, “that dynamic is beginning to change as ransomware attacks begin to cause multi-million dollar disruptions to businesses.” “Additionally, privacy regulations, such as the GDPR and CCPA, are beginning to cause government agencies to issue large, multi-million dollar fines for non-compliance,” he said. While the number of breaches and stolen records is on the rise, there is an even more disturbing trend in the data breach landscape. “The quality of stolen information is much better,” observed Sanjay Raja, vice president of Gurucul, a threat intelligence firm in El Segundo, California. “It used to be about collecting as much personal information as possible, but more targeted attacks have seen intellectual property theft surpass personal data theft,” he told TechNewsWorld. “Additionally,” he continued, “as threat actors stay hidden in an environment longer – dwell time has increased in recent years – they are able to probe and find higher quality data. “. Tech Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.

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LinkedIn Patents

LinkedIn has filed 1028 patents.

The 3 most popular patent topics include:

  • Social networking services
  • Virtual communities
  • Community websites
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/19/2016

12/28/2021

Social networking services, Community websites, Virtual communities, Software architecture, Social networking websites

Grant

Application Date

2/19/2016

Grant Date

12/28/2021

Title

Related Topics

Social networking services, Community websites, Virtual communities, Software architecture, Social networking websites

Status

Grant

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