Facebook ‘Didn’t Do a Good Enough Job’ Protecting Data, Says COO Sheryl Sandberg

Facebook ‘Didn’t Do a Good Enough Job’ Protecting Data, Says COO Sheryl Sandberg

Facebook chief working officer Sheryl Sandberg mentioned the social media firm failed to guard customers’ info throughout an interview with PBS NewsHour’s Judy Woodruff on Thursday (April 5).

“We know that we did not do a good enough job protecting people’s data. I’m really sorry for that,” Sandberg mentioned.

The firm’s shares have sunk 16 %, wiping greater than $80 billion from its market worth since March 16, when the New York Times and London’s Observer newspaper broke information of the usage of its information by political consultancy Cambridge Analytica.

Investigators on two congressional panels are wanting into whether or not Russia acquired the information of hundreds of thousands of Facebook customers and if firms with ties to then-2016 Republican election candidate Donald Trump’s marketing campaign performed any function in offering it, three sources accustomed to the inquiries mentioned.

On Wednesday (April four), the social media platform mentioned the private info of as much as 87 million customers, largely within the United States, could have been improperly shared with political consultancy Cambridge Analytica, up from a earlier information media estimate of greater than 50 million.

Facebook’s Chief Executive Officer Mark Zuckerberg will testify on April 10 and 11 to Congress.

Sandberg’s full interview could be discovered at http://www.pbs.org/NEWSHOUR.

© Thomson Reuters 2018

Adapted From: Gadgets360

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