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Facebook Admits Cambridge Analytica Accessed Data of 87 Million Users

5Apr By Lavina TolaniNo Comments

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Facebook Admits Cambridge Analytica Accessed Data of 87 Million Users

British data firm Cambridge Analytica may have accessed personal information of about 87 million users, according to Facebook Inc.This has come as a first official confirmation regarding possible data leak scope which was earlier predicted to be 50 million. Mike Schroepfer, Chief Technology Officer at Facebook in his blog post published on Wednesday, stated Given the scale and sophistication of the situation we have observed, we predict most users of Facebook could have had their personal data scrapped in this manner. The update has come right a week before "Mark" is expected to bespeak before Congress on whether Cambridge Analytica "inappropriately" used data when users downloaded personality apps earlier in 2014. Post the data breach controversy, Facebook has ...

Facebook Ends Third-Party Ad Targeting Program

30Mar By Sheldan RungasamyNo Comments

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Facebook Ends Third-Party Ad Targeting Program

Facebook is reviewing its advertising policy amidst the ongoing controversy surrounding the social media platform about the use of third-party data collected by apps and used by firms such as Cambridge Analytica to target specific users. The move comes only a few weeks before the General Data Protection Regulation (GDPR) will come into force in Europe. It is a law designed to give social media users the choice of allowing digital platforms to use their personal data in order to receive accurate ads. Facebook is specifically revising its Partner Categories program that has been effective for the last five years and allowed advertisers to use data obtained from third parties in order to send ads to the relevant audience. Facebook described the program as: With Partner Categories, you ...

27Mar By PriyankaNo Comments

INDIA

These Tweets Reveal How “India’s Two Leading Parties” Data Can be Easily Hack

CleverTap, a five-year-old US-based startup founded by three Indians is facing the heat after a pseudonymous researcher alleged that Indian PM Modi's Namo app was disclosing private information like name, email, mobile number, device information, and location, to servers controlled by the firm without the user's consent. The hacker & researcher known as Elliot Alderson on twitter, in a series of tweets, pointed the privacy lapses in the NaMO App and alleged that mobile marketing platform CleverTap was the beneficiary of the data transfer. Tweet 1- 1/ In this request, the @narendramodi's #Android #application sends silently and without the user's consent, his IP address and a unique identifier of his phone. This personal data is sent to the website https://t.co/XTWhe9kc5T whic...

#FacebookDataLeak: Zuckerberg, US Senate & Farhan Akhtar Controversy

27Mar By NitishNo Comments

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#FacebookDataLeak: Zuckerberg, US Senate & Farhan Akhtar Controversy

Amid the Facebook-Analytica data leak controversy, the US Federal Trade Commission has confirmed that Facebook is under investigation into its privacy practices, amidst allegations that its connection with British company Cambridge Analytica resulted in misuse of personal data of some 50 million users. In a related development, attorney generals of as many as 37 states yesterday sent a letter to Facebook CEO Mark Zuckerberg calling for answers to reports that millions of Facebook users personal data were provided to third parties without their knowledge or informed consent. In the letter, the attorney generals demand to know about the Facebook role in the manipulation of users data by Cambridge Analytica without those users knowledge as well as Facebook's policies and procedures for ...

Indian Government Issues Notice to Cambridge Analytica Against Data Breach

24Mar By Lavina TolaniNo Comments

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Indian Government Issues Notice to Cambridge Analytica Against Data Breach

While Facebook data leak controversy is still in hot waters, the Centre has sent a six-point notice to British political firm Cambridge Analytica seeking answers on whether it is involved in any projects that include the use of private data of Indian citizens in any form. The Ministry of Electronics and Information Technology has issued a notice against the data mining company which has been previously accused of stealing data of about 50 million Facebook users in order to influence United States Presidential Elections in 2016. In addition, Cambridge Analytica is also defamed for influencing elections results via illegal modes such as bribes, fake news and political contacts in many countries. The government has asked the company to reveal full details on how it has been using the da...

Data Breach Scandal Cost Zuckerberg over $10 Bn in a Week

24Mar By Sheldan RungasamyNo Comments

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Data Breach Scandal Cost Zuckerberg over $10 Bn in a Week

The data breach concerning social media giant Facebook and the data-mining firm Cambridge Analytica is impacting Mark Zuckerberg’s wealth. Indeed, Facebook’s founder and CEO lost more than $10 billion in wealth this week only as the shares of his company free fell by almost 14% in five days on the market share. The loss meant that Zuckerberg’s net worth is now down to $65.1 billion and consequently, his fifth position in Forbes billionaires list is now down to seven but the financial hit could have been much worse since he had sold 7.3 million of Facebook shares since September 2017, according to Securities and Exchange Commission filings. The filings also report that Zuckerberg still owns more than 8.2 million Facebook shares after the most recent shares sale occurred this month. ...

Whatsapp Co-Founder Joins #deletefacebook movement

21Mar By Sheldan RungasamyNo Comments

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Whatsapp Co-Founder Joins #deletefacebook movement

Brian Acton, co-founder of Whatsapp chose his side concerning the recent backlash against Facebook after reports of the misuse of its data by a firm linked to Donald Trump’s election campaign. Indeed, the former Whatsapp CEO joined the movement #deletefacebook via a twitter post on the microblogging site. It is time. #deletefacebook — Brian Acton (@brianacton) March 20, 2018 Brian Acton tweeted “It is time. #deletefacebook,” to his 21,000 followers. Brian Acton has past personal dealings with Facebook for the company he founded, Whatsapp, was bought by the thumbs up platform in 2014 for $16 billion. While the other co-founder of Whatsapp, Jan Koum, chose to continue leading the company, Acton decided to leave the message app company this year only to start his own foundation. Faceb...