Facebook in the Market for a Cybersecurity Company

Facebook in the Market for a Cybersecurity Company

Facebook has seen some data breaches in the last few months, leading the company to look into acquiring a cybersecurity company.

Following several high profile data breaches, Facebook is looking to acquire a cybersecurity company according to The Information.

The article cites four people familiar with the matter who say Facebook has approached a number of cybersecurity companies with a view to a possible acquisition. Sources declined to tell The Information which companies were in talks with Facebook, but one said a deal could come as soon as the end of the year.

Facebook has reportedly assembled a team to help determine companies that could help bolster cybersecurity expertise and to quell public criticism of its data protection. 

Just last month, the social media platform disclosed that it had detected the biggest data breach in its history which affected some 30 million users. Facebook stated in October that it believed spammers, not state-sponsored agents, were behind the hack.

About the Author

Sydny Shepard is the Executive Editor of Campus Security & Life Safety.

  • Fresh Security Perspective from AMAG’s New Sales Director A Fresh Perspective on Security

    Fred Nelson may be new to the security industry but his sales and leadership methods are time tested, and true. Fred joined AMAG only a few months ago, but brings with him a wealth of experience in sales and life balance solutions. This year is off to a good start for AMAG with new solutions on the horizon.

Digital Edition

  • Security Today Magazine - April 2022

    April 2022


    • Similarities at Data Centers and Airports
    • Transitioning to the Cloud
    • Going High Tech
    • The Benefits of On-site Security
    • Optimizing Store Layouts

    View This Issue

  • Environmental Protection
  • Occupational Health & Safety
  • Infrastructure Solutions Group
  • Spaces4Learning
  • Campus Security & Life Safety