Facebook Could Face $1.63 Billion Fine Over Latest Hack Under GDPR

Facebook reveals security incident affecting 50 million users

Facebook reveals security incident affecting 50 million users

Facebook began notifying users over the weekend of the breach, but it sent it out in the form of a notice posted at the top of news feeds titled "An Important Security Update" containing the same information sent to reporters.

Facebook says it doesn't know who is behind the attacks or where they're based. This latest hack involved bugs in Facebook's "View As" feature, which lets people see how their profiles appear to others.

The breach, which Facebook has said affected 50 million of its users, would have allowed hackers to log in as those people on Facebook and on apps and websites that allow SSO though Facebook.

Tokens allow users to remain logged in to Facebook so they don't have to keep re-entering their password every time they want to access it.

A spokesperson for the dating app Tinder said Monday that Facebook (FB) has shared only "limited information" and called on Facebook to be "transparent" about which of Tinder's users may have been affected. Fixing the vulnerability and informing law enforcement; 2. The company also has reset access tokens for the affected accounts and another 40 million accounts that have have used the "View As" feature in the past year. Third, we're temporarily turning off the "View As" feature while we conduct a thorough security review.

You must know this little fact following the news that at least 50 million Facebook users, and possibly 90 million, had their accounts accessed by hackers. It also faces severe criticism here over use of its platform to spread fake news.

The vice-president of product management, Guy Rosen, also spoke on the conference, saying that the company has notified and was working with the Federal Bureau of Investigation. It will likely only intensify criticism of the company's handling of user data and its privacy policies in the wake of the Cambridge Analytica scandal earlier this year, in which more than 70 million users' personal info was packaged and sold to a data-mining firm without their consent.




"Today, consumers should be working under the assumption that their private information has been stolen by hackers 10 times over", said Sam Curry, chief security officer at Cybereason.

The company did not detail what its investigation entailed nor what precautionary measures it took.

Guy Rosen, Facebook's vice president of product management wrote in a blog post: "Since we've only just started our investigation, we have yet to determine whether these accounts were misused or any information accessed". In Facebook's case, hackers found a way to directly get your access token, bypassing the need to know your username or password. Presumably the social media giant will begin releasing more information about the breach soon, but the radio silence throughout the weekend indicates that it is either still in the process of gathering that data or is deciding how to disclose it.

This let them use your Facebook account "as if they were the account holder" - a shocking security breach.

Chang said the event would happen at Sunday at 6 p.m. local time or 6 AM EST/ 3 AM PST.

Although you will to have to log back into your account, you do not have to change your passwords, Facebook added.

Recommended News

  • Boeing awarded $9.2B contract for Air Force T-X trainer aircraft

    Boeing awarded $9.2B contract for Air Force T-X trainer aircraft

    The aerospace giant also scored a potential $13billion franchise to build MQ-25 carrier-based refueling drones for the U.S. The first T-X aircraft and simulators are due to arrive at Joint Base San Antonio-Randolph, Texas in 2023.

    Tiger Woods struggles at Ryder Cup, to sit out afternoon session

    With a huge crowd cheering on the Europeans at Le Golf National, Johnson stuck his tee shot about 4 feet from the flag. He had been the only player to fail to card a birdie in the morning, leading to suggestions he could be dropped.

    Chelsea Display Showed Why Fabinho Hasn't Been Starting - Former Liverpool Midfielder

    Liverpool have won each of their six matches in the Premier League this season. "His goal against Liverpool was unbelievable". And then, I don't think I have the Liverpool glasses on my nose - I would say it's offside.
  • Four Vietnamese are passengers on plane crash near Papua New Guinea

    Four Vietnamese are passengers on plane crash near Papua New Guinea

    Chuuk is in the Caroline Islands between the Northern Mariana Islands to the north and Papua New Guinea to the south. Micronesia is a constitutional government in free association with the United States; achieved independence in 1986.
    Murkowski Says She Supports One-Week Delay On Kavanaugh Vote

    Murkowski Says She Supports One-Week Delay On Kavanaugh Vote

    Jeff Flake of Arizona, who said the judge was entitled to the "presumption of innocence. absent corroborating evidence". Trump called for senators to act quickly after the hearing, a message echoed by top White House aides early on Friday.

    Elon Musk reportedly backed out of SEC deal at the last second

    Gordon Johnson, an analyst at Vertical Group who has been predicting a collapse in Tesla's shares for months, is less optimistic. He specifically said he would consider doing so at $420, adding that funding had already been secured.
  • Meghan Markle Closes Her Own Car Door and Causes Royal Stir

    Meghan Markle Closes Her Own Car Door and Causes Royal Stir

    Meghan , Duchess of Sussex , arrives to open Oceania at the Royal Academy of Arts on Tuesday in London. After greeting her host upon her arrival, the Duchess could then be seen closing the door behind her.
    Natural disaster  measuring magnitude-7.5 strikes off Indonesia

    Natural disaster measuring magnitude-7.5 strikes off Indonesia

    Indonesia is prone to earthquakes as it sits on major fault lines along the so-called " Ring of Fire " in the Pacific Ocean. Supoto said there was "much damage " in the Donggala area - home to about 300,000 people - where the first quake hit.
    Philippine President's Chief Political Critic Arrested

    Philippine President's Chief Political Critic Arrested

    Presidential spokesman Harry Roque said Duterte would respect the decision of the judiciary. The court said Duterte's Proclamation No. 572 was factual.
  • A Look at Larry Culp’s Career

    A Look at Larry Culp’s Career

    GE will need to take a goodwill impairment charge of almost all the $23 billion in its goodwill balance, according to the company. Capital allocation can include decisions like stock buybacks, acquisitions, and research and development spending.
    Earl Thomas flips off Seahawks sideline as he's carted off with injury

    Earl Thomas flips off Seahawks sideline as he's carted off with injury

    The injury came on a scoring play for the Cardinals, when Josh Rosen connected with Chad Williams for a 22-yard touchdown. I've always loved him", Carroll stated after the game. "I told him that we had him".
    Lil Wayne releases Da Carter V

    Lil Wayne releases Da Carter V

    Lil Wayne invigorated the hip-hop community with a bit of nostalgia after dropping his latest project, Tha Carter V . Now, Complex reports that goat-featuring promo ads are popping up all over New York City to usher in the new album.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.