It now known to the entire world, and not just Facebook users, that data of over 50 million accounts have been misused in direct violation of agreed terms between the Social Media giant and ‘integrated’ third-party applications. This could have been avoided had proper ‘safeguards’ been taken.
Have you read the recent article by Warwick Ashford (Security Editor, ComputerWeekly.com) on the settlement that US retail giant Target paid for the 2013 data breach? Well, on records, it summed up to $220 million including legal fees and other associated costs. Maybe more. But what is key is – how did the data get out?