Facebook does not plan to notify half-billion users affected by data leak
- Wall Street ends mixed despite bumper big-bank earnings
- Coinbase (COIN) Soars 52% in Public Debut
- Thermo Fisher Scientific (TMO) Nears Deal to Buy PPD, Inc. (PPD) for More Than $15 Billion -DJ
- JPMorgan (JPM) Reports a Q1 Beat on Revenue and Profit Fueled by Release of $5.2 Billion Reserved for Bad Loans; Shares Slightly Down
- Dell Technologies (DELL) Announces Planned VMware (VMW) Spin-Off
FILE PHOTO: People are silhouetted as they pose with laptops in front of a screen projected with a Facebook logo, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File Photo
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
By Elizabeth Culliford
(Reuters) - Facebook Inc did not notify the more than 530 million users whose details were obtained through the misuse of a feature before 2019 and recently made public in a database, and does not currently have plans to do so, a company spokesman said on Wednesday.
Business Insider reported last week that phone numbers and other details from user profiles were available in a public database. Facebook said in a blog post on Tuesday that "malicious actors" had obtained the data prior to September 2019 by "scraping" profiles using a vulnerability in the platform's tool for synching contacts.
The Facebook spokesman said the social media company was not confident it had full visibility on which users would need to be notified. He said it also took into account that users could not fix the issue and that the data was publicly available in deciding not to notify users. Facebook has said it plugged the hole after identifying the problem at the time.
The scraped information did not include financial information, health information or passwords, Facebook said. However, the collated data could provide valuable information for hacks or other abuses.
Facebook, which has long been under scrutiny over how it handles user privacy, in 2019 reached a landmark settlement with the U.S. Federal Trade Commission over its investigation into allegations the company misused user data.
Ireland's Data Protection Commission, the European Union's lead regulator for Facebook, said on Tuesday it had contacted the company about the data leak. It said it received "no proactive communication from Facebook" but was now in contact.
The July 2019 FTC settlement requires Facebook to report details about unauthorized access to data on 500 or more users within 30 days of confirming an incident.
The Facebook spokesman declined to comment on the company's conversations with regulators but said it was in contact to answer their questions.
(Reporting by Elizabeth Culliford in New York; Editing by Matthew Lewis)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: Wedbush Assumes Facebook (FB) at Neutral
- GM to announce second U.S. battery plant, in Tennessee, with LG Chem: sources
- Powell: QE taper likely 'well before' interest rate increase
Create E-mail Alert Related CategoriesGeneral News, Reuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!