There’s a buried lede in Newsweek analysis of the Meta problem with big data security.
“People are talking about Facebook as if it’s about to become the next MySpace or Yahoo,” says Daniel Salmon, an analyst who follows Meta for BMO Capital Markets…
It really begs the question what Facebook was thinking when it hired the inexperienced and unqualified CISO from Yahoo, as I’ve mentioned here many times before.
Yahoo soon after his departure was accused of “egregious misconduct” in record-setting privacy breaches that he had failed to disclose.
And then under his tenure Facebook had even larger record-setting privacy breaches, losing more trust faster than any other technology brand.