Facebook exposes data of 540 million users on Amazon servers
The social media app has another data breach with user data able to be accessed on Amazon cloud servers.
Facebook share price is down 1% after another data breach at the company. This news comes just weeks after another problem with user password exposure. There have been discoveries that the data of hundreds of millions of users on Amazon servers were displayed publicly without their knowledge.
How did Facebook users’ data become exposed?
The data breach was noted when UpGuard, a cyber security firm, noted that two servers contained customers' information. The first server had data from users of Cultura Colectiva, a Spanish-language celebrity news web site.
The second server stored information from a user database of the At the Pool game on the social media app. That server held visitors’ usernames and passwords. UpGuard explained that the exposed passwords could have easily been misused.
‘The passwords are presumably for the 'At the Pool' app rather than for the user's Facebook account, but would put users at risk who have reused the same password across accounts,’ said UpGuard.
Chris Vickery, director of cyber risk research for UpGuard, said that the public is largely unaware of the security risks Facebook exposes customers to with its data collection.
‘The public doesn’t realize yet that these high-level systems administrators and developers, the people that are custodians of this data, they are being either risky or lazy or cutting corners. Not enough care is being put into the security side of big data,’ said Vickery.
Facebook’s response to Amazon server data breach
Facebook has vowed to address this current information exposure. This issue comes a year after the Cambridge Analytica scandal in which visitors' data were exposed without their knowledge. The corporation said that they have deleted the compromised databases on the Amazon servers.
‘Facebook's policies prohibit storing Facebook information in a public database. Once alerted to the issue, we worked with Amazon to take down the databases. We are committed to working with the developers on our platform to protect people's data,’ said a Facebook spokesperson.
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
See more forex live prices
See more shares live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
See more indices live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.