Report: Facebook Is Shopping for a Cybersecurity Company
Facebook CEO Mark Zuckerberg Marcio Jose Sanchez/AP File Photo
They won't be able to find one on Facebook marketplace, however.
When you accidentally expose the information of 29 million people, you may want to take some steps to remedy the situation.
Facebook, still reeling from the biggest security breach in its history, is taking steps to buy a cybersecurity company, The Information reported on Sunday.
The social media giant allegedly has several offers on the table and is in the process of negotiations. Facebook could close the deal by the end of 2018, The Information reports. The company, however, has declined to comment.
According to The Information's sources, Facebook would like to fold cybersecurity software into its current services. That would mean more options for Facebook users to secure their accounts and their personal information.
The move might be more focused around image rehabilitation, however. Since the Cambridge Analytica scandal, trust in Facebook has waned.
Facebook does offer some security tools, such as two-factor authentication. But it was recently revealed that the company took the phone numbers users provided to secure their accounts and used them to target additional advertising toward them. If additional cyber tools are implemented in the future, Facebook might also be tempted to use them for data harvesting and ad targeting.
And if you're concerned with Facebook's use of your phone number, there is a way to remove it from the site.