Mark Zuckerberg, an undergraduate studying in Harward had/heard an idea of connecting people online.
It was a dream come true come when he registered the website thefacebook.com just within a couple of weeks of hard work. And that’s it,…
…there was no looking back.
Facebook went to become a billion-dollar company in just a few years.
As of Feb 2018, there were 2.19 billion people on Facebook. That’s awesome, isn’t it?
Nah, not really.
That’s where the problem is. With Facebook holding all the data of 2.19 billion users it is posing the potential threat to users by trading user’s personal information with advertisers.
Well, this nightmare came true when,…
…Facebook sold users data to Cambridge Analytica, a firm which worked in support of the 2016 campaigns of Trump, Ted Cruz and Ben Carson, all Republicans.
We still are unclear whether the Facebook data scandal help Trump win the presidency?
But, the after effects from this data breach to Facebook was bad. Here are the series of incidents that support my say:
Well, do you know what this scandal cost Facebook?
Facebook’s stock was plunged 18%, wiping out nearly $80 billion from the social networking giant’s market value in the process. Zuckerberg’s net worth fell by about $14 billion.
But, the craziest thing happened recently.
Facebook’s stock hit an all-time high on 18 June, in spite of losing their 9% of users in a massive data breach.
This might look like a win for Facebook.
But we can’t say people aren’t angry. That doesn’t make these data breaches go away anytime soon.
It was just the beginning!!!
Yes, the massive data breach at Facebook was just the beginning. But it wasn’t too bad coz Cambridge Analytica just used Facebook users data to manipulate the elections in the worst case.
But we are about to hit a worse situation in future.
Let’s do a Did you know? session and then analyze the intensity of future data breaches.
- Did you know that Facebook has been collecting call history and SMS data from Android devices?
- Did you know that “GodView” allows the Uber’s staff to track both Uber vehicles and customers?
- Did you know that Google is secretly recording your personal conversations?
- Did you know that once Amazon’s Alexa recorded a personal conversation and sent it to someone in the contacts?
Facebook has been collecting call records and SMS data from Android devices for years.
Several Twitter users have reported finding months or years of call history data in their downloadable Facebook data file. Here’s what they said:
If you remember Edward Snowden revealed that NSA was actively collecting telecom users data back in 2013. Well, now it’s Facebook.
So Facebook has all 2.19 billion users call history.
How much do you think this will be worth in black market? Mobile accounts in the United States can be sold for as little as $14 apiece.
So, Facebook can make at least 25 billion dollars just by selling Mobile accounts.
Uber isn’t just doing good stuff…
Uber employees regularly abused the company’s “God view” to spy on the movements of “high-profile politicians,…
…celebrities and even personal acquaintances of Uber employees, including ex-boyfriends/girlfriends, and ex-spouses”.
Uber was fined an amount of 20k US dollars for delaying the report regarding this issue.
20k US dollars is nothing, Uber makes it in a minute. But the issue here is what if the data regarding your house address and many more reach the bad guys.
It’s gonna be bad. Using “God view” Uber employees can do a ton of things like:
They could predict who is meeting whom and who is out of the town and many other things. Do you think this data isn’t enough for bad guys to rob your house?
Google and Amazon aren’t just helping you
Virtual assistants like Google assistant, Amazon’s Alexa, Apple’s Siri are changing the way how people used to search the web and interact with the smartphone.
I’m pretty sure you all know these assistant record all voice searches for providing better search results.
But, Google isn’t just doing that, here’s why:
So, that’s all with Google. Let’s talk about Alexa.
Spiel Danielle from Poland, installed Echo devices and smart bulbs in every room in her house, accepting Amazon’s claims that they were not invading her privacy.
But then she found that the Alexa device recorded a private conversation between her and her husband and sent it to a random number in their address book without their permission.
So, where are we heading with data breaches?
Well, the simple answer would be like: not somewhere good. But if you ask me can’t we stop this from happening in future?
I would say yes. Absolutely we can.
I’m pretty sure you’ve heard about the Decentralized Internet. The best part about this internet is your data will be basically unhackable.
Only you can access your data and no one can. So basically no future data breaches.
One more thing what’s exciting is the Decentralized internet I talked about works on Blockchain. So most people aren’t aware of this tech. I hope this tech will reach more people in future.
So, what do you guys say? Is it the time move on to the more secure Internet?
Do let us know through comments. I hope you liked the article. Thanks for reading the article. Let’s stand united against data breaches.