Numlock News: October 1, 2018

By Walt Hickey Facebook Hack Facebook has disclosed a hack in which the accounts of more than 50 million users were compromised. This could have considerable financial consequences for Facebook, an advertising and data mining company that also allows users to connect over its social network. Ireland’s Data Protection Commission is the lead privacy regulator for the company in Europe, and as a result of the new GDPR law the company could face a fine. The maximum value of the fine for failing to safeguard user data is either €20 million or 4 percent of a firm’s global annual revenue which in Facebook’s case is about

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