Is Facebook selling our valuable intel to the black market?
by Unik Dhandhi, Friday, March 30, 2018
The ongoing rumors about the famous networking site Facebook's data breach has led to a Global debate on whether such data leak is harmful or not and what extent is it harmful to? For those who are not aware of the issue, whenever we are on a website or on a web-enabled device then all of our actions are recorded and saved as a file.
Likewise, Facebook which has the maximum number of users across the globe gave some its data to a Cambridge University researcher named Aleksandr Kogan, who is blamed for sharing the data to a British data analytics firm, Cambridge Analytica.
In a layman's tongue, Facebook has tons of our valuable information some of which was given to researcher Aleksandr Kogan for research purposes. The data shared by Facebook with Aleksandr was then sold to Cambridge Analytica which used the data in preparing election campaigns for 2016 Presidential Election Campaign.
Let us start with data analytics! It is a procedure of analyzing a particular set of data under different parameters for defining conclusions. The conclusions so found by analyzing a set of data may reveal your taste, your perception of things, your opinion and even your underwear choices. It won't be wrong to say that we are under a cyber-surveillance every time
Well, Facebook cannot be blamed for the manipulation of election strategy which took place in 2016 Presidential Election Campaign but this scam has sparked a wildfire which will slowly change other socializing platform's data-handling guidelines. However, Facebook took a $57 Billion dip in the US stock exchange last week regarding the same issue.
Not only this, Facebook has been summoned in Germany and Brazil even after founder Mark Zuckerberg's public apology. People do not seem to be happy with their data being leaked through Facebook and hence, #DeleteFacebook has become a revolution. In order to prevent any such data-breach in the future, Facebook has released a list of measures.
So, do you still trust Facebook or any other socializing platform with your data? Well, I won't. Stay tuned for more blogs.