In February 2020, Facebook encountered a major security breach during which its official Twitter account was hacked by a Saudi Arabia-based mostly group referred to as “OurMine”. The group has a history of actively exposing excessive-profile social media profiles’ vulnerabilities. On December 19, 2019, safety researcher Bob Diachenko found a database containing greater than 267 million Facebook user IDs, cellphone numbers, and names that were left exposed on the internet for anybody to entry without a password or some other authentication. On April 24, 2019, Facebook stated it could face a nice between $3 billion to $5 billion as the result of an investigation by the Federal Trade Commission. The agency has been investigating Facebook for possible privateness violations, but has not announced any findings but. We’re additionally investigating each single app that had access to massive amounts of data earlier than we fastened this.
- On April 9, 2012, Facebook, Inc. purchased Instagram for $1 billion in cash and inventory, with a plan to keep the corporate independently managed.
- Patterson joined Ally in 2007 to guide change management as the corporate underwent a major useful reorganization within the wake of its spin-off as an impartial monetary services firm.
WDIV additionally …