Its the most massive data breach in history when the data of 500 mn of its users was stolen in 2014
.repubhubembed{display:none;}
For Yahoo, troubled times are far from over. Just a day after it came to light that the personal information of at least 500 million of its users was stolen in a massive data breach in 2014 — the largest-known breach of user accounts — the company is now being sued for gross negligence over its….repubhubembed{display:none;}
Next Story
Facebook expects the fine to be in the range of $3-5 billion and has kept aside $3 billion in legal expenses related to the investigation
In a setback, a US court has rejected Facebook’s claims to block a lawsuit against it in a data breach that affected nearly 30 million users in September last year.
According to a report in Seeking Alpha on Monday, US District Judge William Alsup in San Francisco dismissed Facebook’s request, saying claims that Facebook was negligent and failed to secure users’ data as promised can go forward, and discovery should move “with alacrity” toward trial.
In September, Facebook admitted that unknown hackers exploited three bugs to steal the personal details of 50 million users — later adjusted to 30 million.
Turkey’s Personal Data Protection Authority has already fined Facebook 1.65 million Turkish liras ($280,000) over data breach. Nearly 300,000 users in Turkey may have been affected by the data breach.
According to the Turkish watchdog, Facebook failed to timely intervene to take proper technical and administrative measures during the 12-day existence of the bug last September.
According to a statement from Facebook in December, the company had discovered a photo API bug that allowed third-party applications to access the photos of Facebook users.
At the time, Facebook said that the bug “might have exposed the non-public photos of 6.8 million users to around 1,500 apps built by 876 developers”.
In March this year, Facebook disclosed yet another security incident, admitting to storing hundreds of millions of users’ passwords in plaintext, along with plaintext passwords for millions of Instagram accounts.
Also Read: Samsung Launches 3 Galaxy Wearables in India
Facebook is facing a hefty fine from the US Federal Trade Commission over data privacy scandals
Facebook expects the fine to be in the range of $3-5 billion and has kept aside $3 billion in legal expenses related to the investigation. (IANS)
