In an effort to repair its tattered reputation around data protection, Facebook is stepping up efforts to acquire a major cybersecurity firm, according to four people familiar with the matter.The site heard from its sources that Facebook approached multiple security firms about an acquisition, and that a deal could happen by the end of the year. Facebook landed itself in hot water in recent years year, with incidents like the Cambridge Analytica tracking scandal, complaints about facilitating the spread of fake news, and a recent security breach that affected about 30 million accounts.
Facebook looking to buy major cybersecurity company
Posted on Monday, October 22 2018 @ 11:25 CEST by Thomas De Maesschalck