Facebook is reportedly shopping around for a cybersecurity firm

Facebook’s had a bad year handling user data and securing its systems. Now, according to The Information, the company is looking to acquire a major cybersecurity firm to help repair its reputation. The report says the social network is looking to close the deal by the end of the year. The company might look towards security firms which can provide technology to protect user accounts, introduce new privacy features, and to flag incidents of unauthorized access. According to the report, companies like Demisto, JASK, ZeroFOX, and Swimlane are in consideration. The deal could end up costing Facebook hundreds of millions of…

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https://ift.tt/2OHc1N5 Ivan Mehta October 22, 2018 at 06:00AM