How you can protect your Facebook information — AFTER THE HACK
How you can protect your Facebook information — AFTER THE HACK
Getty Images Facebook CEO Mark Zuckerberg
02 October, 2018, 16:12
"[The breach is] the latest in a series of missteps that are undermining confidence in the company's social network and business model", Newsmax reported.
MPs have demanded that Mark Zuckerberg travels to the United Kingdom to face questions about his "terrible disrespect" for the data of citizens, following last week's data breach at Facebook that resulted in 50 million user accounts being exposed to hackers.
According to research by MoneyGuru, Facebook logins are already being sold on the darkweb for roughly $4.
Read the full article in the Wall Street Journal here. The sales started shortly after a security breach that compromised at least 50 million Facebook accounts was reported on September 28, according to The Sun. The Senate also questioned the CEO on the concerning issue of Cambridge Analytica data-mining scandal which involved the data of 87 million users credentials that was compromised. This will require those users to log back in to Facebook.
What is the new Facebook breach? "The extent of the breach, who was behind it, when it originated and whether personal information was accessed by the attackers is unclear, the company said". That access let the intruder act like users on their profiles, or on any applications where they signed in using Facebook.
"I'm glad we found this and fixed the vulnerability".
Zuckerberg talked about the exploited feature in the call with reporters. A few days before that, Zuckerberg wrote that the company was better prepared for attacks by foreign actors spreading division and misinformation ahead of elections in the US, France and other countries.
"Don't use the same password on all your online accounts", Colburn said. He deemed the latest security mishap part of an ongoing "arms race" with hackers. "This will be an ongoing effort".
To deal with the issue, Facebook reset some logins, so 90 million people have been logged out and will have to log in again.
People are anxious their personal information could have been stolen.
Accounts were hacked through a series of vulnerabilities in Facebook's code relating to a video upload tool and the "View As" privacy tool.
Beyond the CA scandal, Facebook estimates the data of almost all its users may have, at some time, been retrieved without their knowledge.
Jake Williams, a security expert at Rendition Infosec, said the stolen access tokens would have likely allowed attackers to view private posts and probably post status updates or shared posts as the compromised user, but wouldn't affect passwords. Temporarily turning off the "View As" feature "while we conduct a thorough security review".
Facebook is the largest social media platform in the world. This basically means if you signed up for Instagram or and any other platform using your Facebook account, hackers might have also gained access to your account on another platform. "The vulnerability was on Facebook, but these access tokens enabled someone to use the account as if they were the account-holder themselves", Rosen said.
According to a copy of the complaint obtained by ZDNet, the two argue that Facebook failed to protect their data, which, according to a Facebook official statement published hours before their filing, was harvested by yet-to-be-identified hackers exploiting a combination of three bugs in Facebook's source code.
Not the first time ... probably not the last ... Facebook is trying to determine whether hackers tampered with posts or messages.
Facebook chief executive Mark Zuckerberg appeared at a Congressional hearing over Facebook's privacy policies in April. Facebook, which saw revenue of $40.65 billion in 2017, saw revenue for the six months ended June 30 reach $25.2 billion-up 45% from the year-ago period.
By gaining access to one's security token a hacker can login to the victim's account and fully control it. In other words, Facebook is providing the identity management for countless other sites and services.
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