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Facebook Security Breach Exposes Accounts of 50 Million Users
https://www.nytimes.com/2018/09/28/technology/facebook-hack-data-breach.html?action=click&module=Top%20Stories&pgtype=Homepage
Will the SENATE COMMITTEE take responsibility for its failure?
https://money.cnn.com/2018/04/10/technology/senate-mark-zuckerberg-testimony/index.html
What are the chances of Social Media Platform owners being jailed for breach of trust and / or weak security infrastructure? NIL.
Why? My two cents is that INTELLIGENCE COMMUNITY is too invested in the data and will bail them out. So, on whom is the risk? The risk is on us, the billion minions, with a clean record and using the platform for legitimate social interaction. Our data is and will be compromised.
What needs to be done? What do you think? Platform Owner Accountability; Non-intrusive surveillance techniques that will reduce the dependency of the ‘Intelligence Community” on the data in the Social Media and Digital Literacy courses for our politicians. Legislation alone may not work to break the nexus. Risk on us, can be minimised, by significantly reducing the dependency between the three powerful players (Platform owner, Intelligence, Government).
Agree?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
10 March
Nicholas Holt Head of Solutions and Delivery, Europe at Marqeta
07 March
Ivan Nevzorov Head of Fintech Department at SBSB FinTech Lawyers
Kate Leaman Chief Analyst at AvaTrade
06 March
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