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Facebook approaches major cybersecurity firms, acquisition goals in mind - Printable Version

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Facebook approaches major cybersecurity firms, acquisition goals in mind - silversurfer - 22 October 18

Quote:Something needs to change if Facebook is going to regain the trust of users. According to The Information, this change is going to come in the form of an external cybersecurity specialist.

Four people familiar with the matter told the publication that Facebook is "stepping up efforts" to find and acquire a suitable, major cybersecurity firm which could leverage its expertise to protect the network.
Facebook has reportedly approached a number of cybersecurity firms and discussions are underway -- although it is not known which companies are on Facebook's radar.
However, the sources said that the social networking giant is looking at companies which offer solutions that could be folded into Facebook, such as analytics, suspicious behavior monitoring tools, or account risk assessment systems.


Source: https://www.zdnet.com/article/facebook-scrambles-to-acquire-major-cybersecurity-firm/