Toronto law firm hits Facebook with class action lawsuit after security breach

Facebook Inc. Unknown Attackers

Under GDPR, companies that don't do enough to safeguard their users' data risk a maximum fine of €20 million ($US23 ($32) million), or 4 per cent of a firm's global annual revenue for the prior year, whichever is higher. Here's why it matters to you. Rosen also said Facebook was unable to determine the extent to which third-party apps could have been compromised.

Although Facebook acted swiftly on Thursday to address the three vulnerabilities in its video uploader which hackers exploited to grab account access tokens, the bugs themselves had been left undiscovered since a July 2017 update introduced them.

To deal with the issue, Facebook reset some logins, so 90 million people have been logged out and will have to log in again.

Facebook done anything about it? It would be disingenuous to pretend that the concerns driving the backlash against Facebook are totally bipartisan, but the network has tread well into unsafe territory - and if it turns out attackers gained access to and misused sensitive user data, it could get much worse, quickly. Facebook has logged out 90 million Facebook users from their accounts.

"I don't think you should panic because your taking a risk every time you get online, and you know that when you login into something that there is a data risk, Campbell said". Facebook has informed law enforcement agencies in the U.S. about the hack and are now investigating it.

No, your password has not been compromised.

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The breach, which Facebook has said affected 50 million of its users, would have allowed hackers to log in as those people on Facebook and on apps and websites that allow SSO though Facebook. This basically means if you signed up for Instagram or and any other platform using your Facebook account, hackers might have also gained access to your account on another platform.

Importantly, if you log into other services with Facebook, this access token would treat you as being logged into those services too. These access tokens will give them (hackers) a free hand to all the data in their accounts. Whenever you try to login, you have to enter a code which is sent to your number or email. This hack bypasses everything.

And while Facebook can't rule it out, the company has no evidence (yet) of this kind of activity. These "tokens" were used to access posts, private messages or let the hacker post anything through the accounts. Hackers used a vulnerability in the platform's code to steal other users" "access tokens' and log into their accounts. Both allege that Facebook's lack of proper security has exposed them and additional potential class members to a significantly increased chance of identity theft as a result of the breach.

It's unclear how hard it would be for an attacker to use an access token to get into a third-party site.

It is also unknown whether networks of friends were also affected, as their data would have been visible to anyone with access to an individual's account. This saves users having to create various passwords and usernames for each site.

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