Facebook Could Face $1.63 Billion Fine Over Latest Hack Under GDPR
01 October, 2018, 23:26 | Author: Frank Williams
Guy Rosen, Facebook's Vice President of Product Management, on Friday said the social networking giant had reset the access tokens of the nearly 50 million accounts it know were affected to protect their security.
But because of the way the hack worked, it also gave attackers the same level of access to any accounts you use Facebook to log in with.
Plaintiffs now fear that because of the Facebook breach their personal data may be easily accessible to hackers on the Dark Web. The "View As" feature has been temporarily suspended as the investigation by Facebook into the hack continues.
In March this year the FTC said it had opened an inquiry into Facebook's privacy practices, including whether the company violated the earlier agreement, which would incur hefty fines.
But he has, however, agreed to be scrutinised by United States legislators in Washington and European Union politicians in Brussels earlier this year.
The CEO of Facebook, Mark Zuckerberg, has testified before the Senate's Commerce and Judiciary committees earlier this year about the concern of the spread of misinformation on the platform during the presidential elections of 2016.
A Facebook hack which left the accounts of more than 50 million users compromised may have also affected third-party apps such as Tinder, Spotify and Instagram, if people used their Facebook account to register for the services.
"Users are not required to change their passwords, but people looking to log out of all the various places they're logged into their accounts can do so with a single click through the Security and Login section under the settings menu".
Campbell added that this won't be the last time we see a data breach and hopes Facebook users will take his advice to avoid any future problems. After they have logged back in, people will get a notification at the top of their News Feed explaining what happened. Close to 90 million users have been logged out of their current sessions.
"We face constant attacks from people who want to take over accounts or steal information around the world".
Do you work at Facebook?
If you were pushed to login again, that means your account was compromised. You can also try deactivating your account for some time, as reactivating it will also grant new access tokens, while old tokens will automatically expire.
So it doesn't matter how strong your password was, or whether two-factor authentication was set up. Still, this is among the more serious breaches Facebook has ever suffered. For instance, say you have a Gmail account.
Importantly, if you log into other services with Facebook, this access token would treat you as being logged into those services too.
"Because this issue impacted access tokens, it's worth highlighting that these are the equivalent of a username and password combination but are used by applications to authenticate against other applications", said Tim Mackey, senior technical evangelist at Synopsys. But it wasn't until mid-September that Facebook noticed an uptick in unusual activity, and not until this week that it learned of the attack, Rosen said.
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