Thursday, 19 April, 2018

Facebook To Reward Users Who Report Bugs And Leaks

Cambridge Analytica: did Facebook share your personal data? What does Facebook know about you?
Stacy Diaz | 16 April, 2018, 10:31

"Facebook said that Cambridge Analytica has been shut down", said Rudiantara. The lack of vigilance over security and privacy has imperiled that success, he said.

News of the FTC probe, which former FTC officials say could trigger fines in the trillions of dollars - sent shares down 6.5 percent in afternoon trading in NY before they recovered slightly.

Pivotal Research Group analyst Brian Wieser predicted scrutiny on Facebook will intensify.

For example, when it comes to facial recognition, Facebook is fighting against users consenting to have their faces recognized in photos. After ten hours of questioning, it became clear that all parties involved agreed that some form of regulation over how internet companies handle private data was required.

Sandberg, who declined an interview request from USA TODAY, did not accompany Zuckerberg last week when the Facebook CEO testified before Congress. None of the good changes the company announced in recent weeks will truly hurt Facebook because it hasn't revised its economic engine: all that data, and unfettered use of it without informed approval of Facebook's citizens.

Facebook is under fire for a privacy breach affecting more than 87 million users, and regulations affecting all users could be on the way.

Facebook has also stepped up its self-regulation efforts following the Cambridge Analytica scandal.

Now we can tell who can see your posts, which apps are currently linked to your account, and what personal information can be seen, and by whom. Facebook failed to alert individual users that their data had been improperly harvested until this month. It's an objective that plainly additionally lines up with Facebook's money related motivating forces for development and accumulating promoting consideration.

CCFC, along with a coalition of several organisations, complained to the U.S. Federal Trade Commission (FTC) on April 9 against Google and YouTube for violation of the Children's Online Privacy Protection Act.

Facebook's business model is reliant on collecting users' data, as Zuckerberg pointed out in another moment at Tuesday's Senate hearing.

The company said it would review all legitimate reports and respond as quickly as possible when a credible threat to user data is identified.

That message may not resonate with Facebook users. Mr Zuckerberg has also been responsible, as a corporate leader.

I'm sure I've shared more things than I could remember. Facebook was struggling to come up with a sustainable business model.

The ripple effects of Facebook's situation reach well beyond the company, according to experts. In other words, users can turn off targeted ads on the platform, or restrict what information they provide. Will this time be different? As many already suspected, Facebook collects data about non-users, too.

"Facebook's founder and CEO Mark Zuckerberg confronted two days of flame broiling before USA government officials this week, following worries over how his organization manages individuals" information.

Is that something Facebook can offer? Revenue past year was $40 billion.

As Bloomberg points out, former Facebook employee Antonio Garcia Martinez has said this non-user data is "collected for growth reasons as well".

Some asked how Facebook gets data in the first place. Cambridge Analytica is a United Kingdom based political consultancy hired by the 2016 Trump campaign.

"For a long time, Facebook was not in the crosshairs of Washington", Useem said.