facebook data scandal | Breaking Cybersecurity News | The Hacker News

Following a series of security mishaps and data abuse through its social media platform, Facebook today expanding its bug bounty program in a very unique way to beef up the security of third-party apps and websites that integrate with its platform. Last year, Facebook launched " Data Abuse Bounty " program to reward anyone who reports valid events of 3rd-party apps collecting Facebook users' data and passing it off to malicious parties, violating Facebook's revamped data policies. Apparently, it turns out that most of the time, Facebook users' data that had been misused was exposed in the first place as the result of a vulnerability or security weakness in third-party apps or services. The Facebook ecosystem contains millions of third-party apps, and unfortunately, very few of them have a vulnerability disclosure program or offer bug bounty rewards to white-hat hackers for responsibly reporting bugs in their codebase. Because of this communication g

Not a week goes without a new Facebook blunder. Remember the most recent revelation of Facebook being caught asking users new to the social network platform for their email account passwords to verify their identity? At the time, it was suspected that Facebook might be using access to users' email accounts to unauthorizedly and secretly gather a copy of their saved contacts. Now it turns out that the collection of email contacts was true, Facebook finally admits. In a statement released on Wednesday, Facebook said the social media company "unintentionally" uploaded email contacts from up to 1.5 million new users on its servers, without their consent or knowledge, since May 2016. In other words, nearly 1.5 million users had shared passwords for their email accounts with Facebook as part of its dubious verification process. A Facebook spokesperson shared information with Business Insider that the company was using harvested data to "build Facebook'

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Facebook has finally been slapped with its first fine of £500,000 for allowing political consultancy firm Cambridge Analytica to improperly gather and misuse data of 87 million users . The fine has been imposed by the UK's Information Commissioner's Office ( ICO ) and was calculated using the UK's old Data Protection Act 1998 which can levy a maximum penalty of £500,000 — ironically that's equals to the amount Facebook earns every 18 minutes. The news does not come as a surprise as the U.K.'s data privacy watchdog already notified the social network giant in July this year that the commission was intended to issue the maximum fine. For those unaware, Facebook has been under scrutiny since earlier this year when it was revealed that the personal data of 87 million users was improperly gathered and misused by political consultancy firm Cambridge Analytica , who reportedly helped Donald Trump win the US presidency in 2016. The ICO, who launched an investigation

Facebook has been fined £500,000 ($664,000) in the U.K. after the country's data protection watchdog concluded that its data-sharing scandal broke the law, making it as the social network's first fine over the Cambridge Analytica scandal . Yes, £500,000—that's the maximum fine allowed by the UK's Data Protection Act 1998, and equals to what Facebook earns every 8 minutes. Facebook has been under scrutiny since earlier this year when it was revealed that personal data of 87 million users was improperly gathered and misused by political consultancy firm Cambridge Analytica, who reportedly helped Donald Trump win the US presidency in 2016. According to the social media giant, a Cambridge University lecturer named Aleksandr Kogan collected the users' data legitimately through a quiz app but then violated its terms by sharing the data with Cambridge Analytica, which was then hired by the Trump presidential campaign. The UK's Information Commissioner's

After being embroiled into controversies over its data sharing practices , it turns out that Facebook had granted inappropriate access to its users' data to more than 60 device makers, including Amazon, Apple, Microsoft, Blackberry, and Samsung. According to a lengthy report published by The New York Times, the social network giant struck data-sharing partnerships with at least 60 device manufacture companies so that they could offer Facebook messaging functions, "Like" buttons, address books, and other features without requiring their users to install a separate app. The agreements were reportedly made over the last 10 years, starting before Facebook apps were widely available on smartphones. Most notably, the publication suggests that the partnerships could be in breach of a 2011 consent decree by the Federal Trade Commission (FTC), which barred Facebook from granting other companies access to data of users' Facebook friends without their explicit consent