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The Cambridge Analytica scandal has raised a big question on Facebook’s privacy policy. The questions now arise can the social media giant be trusted with my personal information? How is it safeguarding my personal data? Is my personal information vulnerable on the social media platform which can be collected and used by third party apps?
After Russian ‘fake news’ episode, Cambridge Analytica has done immense damage to the brand. Despite numerous furores it faced earlier over privacy, the company still believes that its fine to carry out tests on users without users consent.
What happened with Cambridge Analytica firm wasn’t technically a data breach rather the data was given away freely to the company. The British analytics and data firm had improperly acquired private data of about 50 million Facebook users and used it to target voters on behalf of the Trump campaign during 2016 US election.
However, Facebook has suspended Cambridge Analytica claiming that it violated rules by failing to delete user data collected by an app for research purpose. This came to light after a former employee of data analytics firm Christopher Wylie accused the company of inappropriately obtaining data on millions of Facebook users. However, Cambridge Analytica has denied misusing or holding any data obtained from the social network users.
Meanwhile, the social media giant posted the steepest drop since 2015, with the company losing $40 billion in market value wiping away billions of dollars of Mark Zuckerberg’s fortune.


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