Facebook with a new security issue affecting over 50m. account

Facebook has found a security issue where hackers have access to information that can allow them to steal more than 50 million accounts.

The company reported on their blog that their team found that the attackers had found weakness in the Facebook code in connection with their View As function. "View as" allows users to see what their profile looks like in other platform applications. This vulnerability also allowed hackers to access digital keys that allow people to stay in the service without having to re-enter their password, and this can be used to control other people's accounts.

Over 50 million accounts have been affected by their access identifiers changed.

The current response: -3.43% of the value of the shares.

The news comes at a key moment for the company, as in the past three weeks the stock price has come close to the "last defense line". Given the negative fundamentals surrounding the security of the profiles, the downward trend will remain the most likely scenario, and this will in turn boost share sales and activate multiple SL orders.

Source: CNBC

Photo: Pixabay.com

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