Facebook reveals data breach affecting nearly 50 million accountsReuters / VentureBeat - 1 year ago
  • Facebook said on Friday that hackers had discovered a security flaw that allowed them to take over up to 50 million user accounts, a major breach that adds to a bruising year for the company’s reputation.
  • Facebook, which has more than 2 billion monthly active users, said it has been unable to determine yet whether the attackers misused any of the affected accounts or stole private information.
  • Facebook made headlines earlier this year after the data of 87 million users was improperly accessed by Cambridge Analytica, a political consultancy.
  • Shares in Facebook fell more than 3 percent in afternoon trading, weighing on major Wall Street stock indexes.