• Facebook is reportedly shopping around for a cybersecurity firm

    26 days ago - By The Next Web

    Facebook's had a bad year handling user data and securing its systems. Now, according to The Information, the company is looking to acquire a major cybersecurity firm to help repair its reputation. The report says the social network is looking to close the deal by the end of the year. The company might look towards security firms which can provide technology to protect user accounts, introduce new privacy features, and to flag incidents of unauthorized access. According to the report, companies like Demisto, JASK, ZeroFOX, and Swimlane are in consideration. The deal could end up costing...
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  • Facebook wants to buy a big cybersecurity company after 2 catastrophic data breaches

    Facebook wants to buy a big cybersecurity company after 2 catastrophic data breaches

    26 days ago - By Business Insider

    Facebook is looking to acquire a major cybersecurity company, The Information reports .
    The tech firm has reportedly assembled a team to scout out big cybersecurity firms to add to its technical expertise and to quell criticism of its data protection.
    It comes a few weeks after Facebook disclosed it had detected the biggest data breach in its history, which affected 30 million users.
    Facebook is shopping around for a big cybersecurity company, The Information reports .
    Citing four people familiar with the matter, The Information said Facebook has approached a number of cybersecurity...
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  • Facebook looking to improve security by acquiring a company specialized in the field

    Facebook looking to improve security by acquiring a company specialized in the field

    26 days ago - By Phone Arena

    Recently, Facebook suffered a major security breach, exposing around 50 million user accounts. That was just one of the mishaps that put the company under fire from users and authorities alike for the way it handles private information. It appears that Facebook is now taking concrete measures to boost its security and please investors and users in the meantime. According to reports from sources within the industry, Facebook is having talks with several cybersecurity companies, looking to make one of them part of its already extensive portfolio.
    The potential candidates to ...
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