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The Facebook Data Breach

April 6, 2018

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The Facebook Data Breach

Courtesy of Flickr

Courtesy of Flickr

Courtesy of Flickr

On March 17, 2018, the New York Times reported that Cambridge Analytica, a consulting firm, had used the data of 50 million Facebook users during the 2016 U.S. presidential election. More specifically, this data was used to research ways in which voters in the presidential campaign could be manipulated to vote for a certain candidate.

Since the release of this information, Facebook has pledged to delete as much of the data as possible, but some of the data sold to Cambridge Analytica may remain elsewhere, as copies of the original data.

Researchers at Cambridge Analytica collected results from a Facebook quiz, and analyzed user profiles to check for correlations between the two subjects.

Facebook’s stock price has dropped from $185 on March 16, to $159 on March 24. This drop in stock price reflects investor sentiment in the company, and the mild panic in the financial world regarding the leak through Cambridge Analytica.

Facebook also owns the popular social media application Instagram and acquired the social media application Snapchat in 2014.

In light of the leak, users on social media outlets such as Twitter and Reddit have expressed outrage toward these events.

However, it is unlikely that the data breach will have any lasting impact on the Facebook corporation. Previous exposures of Facebook’s misuse of user data have done nothing to dent the world’s largest social media outlet. The author of this article expects Facebook’s stock price to quickly rebound.

Author’s update: During the first week of April, it was revealed that 87 million Facebook users may have been affected.

1 Comment

One Response to “The Facebook Data Breach”

  1. John Escareno on April 18th, 2018 10:34 am

    Nobody is talking about mainstream media or bias, this is simply about the Facebook data breach. The way this is typed and written, makes it seems as if you’re a person trying to start a fight on politics, on a school newspaper website mind you. Or you’re simply a bot. Along with your other comments advertising custom essay writing (I think), I’m going with the latter. Either way, if you’re going to continue commenting like this, please refrain from using this website and go somewhere else for news. Tornado Press thanks you!

If you want a picture to show with your comment, go get a gravatar.

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