Facebook’s Mark Zuckerberg Promises Fixes After User Profile Breach
Found on eWEEK on Thursday, 22 March 2018
That outrage had many users vowing to shut down or at least abandon their Facebook accounts, while a selloff in Facebook stock hacked as much as $35 billion from the company’s market capitalization by March 20.
“I've been working to understand exactly what happened and how to make sure this doesn't happen again,” Zuckerberg said in a statement released on Facebook.
Apparently the company is willing to wait until the next breach to fix whatever else turns up, rather than working to determine what weaknesses exist, and fixing them before they become a breach.
The only fix is to shut down Facebook itself. Their business model is selling userdata, so they have no incentive to change that. They share data with hundreds, maybe thousands of third parties, and even gave data about 57bn friendships to academic. They cannot change that, or their business will collapse. Simple as that.