Facebook Billionaire Mark Zuckerberg has apologized in the wake of the recent data breach of over 50million users.
The tech giant said that the world’s largest social network “made mistakes” which led to millions of Facebook users’ data being misused by a political consultancy.
- Going Forward, Facebook has promised to investigate all apps that had access to large amounts of information before the changed in its platform in 2014, and will also conduct a full audit of any app with suspicious activity.
- Restrictions will also be placed on developers’ data access to prevent other kinds of abuse developers and will not only get approval but also sign a contract in order to ask anyone for access to their posts or other private data.
- Lastly, next month, Facebook will introduce a new tool that will show everyone at the top of their news feed with the apps they have used and an easy way to revoke those apps’ permissions to their data.
The Facebook’s co-founder and CEO reportedly lost $6.06 billion in stock value, according to CNBC, in the wake of the data breach.
See details of the apology here