Despite revelations that Facebook’s data breach could have affected up to 90 million users, will it, just like Tesco Bank, have its fine reduced for good behaviour? The social networking site disclosed the breach on Friday, ahead of the standard 72-hour window, and to a far tighter deadline than companies usually adopt.
Cybersecurity expert and CEO of SonicWall, Bill Conner, has advised both the US and UK governments on cybersecurity matters and has this to say.
Bill Conner, Cybersecurity Expert and CEO at SonicWall:
“Despite the CEO’s previous testimony and efforts, today’s Facebook data breach is evidence that despite their size, investments and elite security teams, they are unable to protect their business and your privacy. Personal information is simply too valuable on the Dark Web. As long as stolen data continues to fetch high prices and equip perpetrators with the means necessary to carry out attacks, hold victims ransom, extort information or destroy property, organizations must exhaust all measures to diligently detect and protect their networks, devices and users. What an organization or nation-state can or intends to do with massive amounts of information on a country’s citizens should be taken very seriously.”
The opinions expressed in this post belong to the individual contributors and do not necessarily reflect the views of Information Security Buzz.