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> By company-ending I mean Facebook would never recover from the consequences of so much user data being dumped online for all to see. It would permanently end
by dharmon 8y ago
> By company-ending I mean Facebook would never recover from the consequences of so much user data being dumped online for all to see. It would permanently end the company. Shareholders should be worried. We just don't know how much user data was stolen yet.
Exactly. I mean, just look at what happened to Equifax. Oh wait...
- anjc 8y agoThe general public don't have a clue what Equifax is and don't know about the hack. Your Grandparent's sexting convos being put online might grab the public's attention a little more.
- drewmol 8y agoThere is an important distiction: Equifax's data is not voluntarily submitted by the data subjects, while most of Facebook's is.
- Redoubts 8y agoThat sounds worse for Equifax
- drewmol 8y agoAlthough I don't see this having a huge immediate impact on Facebook, the distinction is that if Equifax neglagently releases your PII there is little fallout as you are not the one providing Equifax with that data and cannot simply stop feeding them data, when Facebook does it their data subjects can choose to stop providing the data by exiting the platform. Facebook needs both the user data, and those same users patronizing their service to maintain the existing revenue stream.
- tyfon 8y agoEquifax is also not under EU (GDPR) jurisdiction afaik.
- gavinsblog 8y agoPrecisely.
- CodeWriter23 8y agoThe personal communication stored in Messenger is materially different. Affairs, criminal activity, talking about the boss... This has the potential to actually destroy lives.