LinkedIn Denies Data Breach Allegations: Report - Microsoft (NASDAQ:MSFT)

Microsoft Inc MSFT owned professional network platform, LinkedIn, suffered a massive data hack compromising 500 million user profiles, the quint reports based on CyberNews.
The data hack included users’ email addresses, phone numbers, workplace information, full names, account IDs, links to social media accounts, and gender details.
LinkedIn has assured the safety of private members’ data.
LinkedIn refuted data breach allegations in its blog post. According to the professional networking platform, “it is actually an aggregation of data from a number of websites and companies. It does include publicly viewable member profile data that appears to have been scraped from LinkedIn. This was not a LinkedIn data breach, and no private member account data from LinkedIn was included in what we’ve been able to review.”
This week, Facebook Inc FB users suffered a data breach, compromising 533 million accounts, including 6 million Indian accounts. The leaked data, including joining date, workplace, names, gender, occupation, and relationship status, was posted for free on hacking forums.
Price action: MSFT shares traded higher by 0.59% at $254.74 on the last check Friday.