Even after two years of scandals and a $5 billion fine, Facebook still has a huge blindspot when it comes to privacy and user data.
The double whammy shows Facebook still has a massive blind spot on privacy, even after two years of crises.the beleaguered California tech giant reached a $5 billion settlement with the Federal Trade Commission over alleged privacy violations
. While critics groused that the penalty didn't do enough to change Facebook's fundamental business model, the company and the FTC touted the record-breaking fine and the mandated structural reforms that went with it as a major milestone — a chance for the company to turn over a new leaf. But barely a month later, it's clear that Facebook's self-proclaimed"pivot to privacy" is not going to be a smooth transition. In just the last two weeks, the $524 billion company has become mired in two new privacy crises.had taken advantage of Facebook's lax oversight and a security issue in Instagram to harvest the personal data of millions of Instagram users
. Hyp3r was able to track their locations and save their Stories. Facebook not only failed to notice the illicit behavior, it named the startup one of its official marketing partners — an exclusive category that's supposed to be reserved to marketing and advertising firms that it's vetted.
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