Facebook Resolved 530M User Data Leak Issue

April 7, 2021 8:11 AM | 1 min read | Make a Comment

Facebook Inc FB announced the detection and the resolution of the recent account hack that allegedly compromised 530 million accounts, Reuters reports.
Business Insider reported the free availability of phone numbers and other user profile details before September 2019 in a public database last week.
Facebook admitted the data was hacked via manipulation of its contact sync tool feature. The company had identified and modified the tool according to its blog post.
Recently, a Chinese hacking group compromised over 30,000 U.S. organizational email systems through a recently patched Microsoft Corp MSFT Exchange Server software vulnerability.
Price action: FB shares traded higher by 0.01% at $306.30 in the premarket session on the last check Wednesday.