Bloomberg Law
Oct. 24, 2018, 10:10 PM

Buying a Cyber Company Wouldn’t Solve Facebook’s Data Woes

Sara Merken
Sara Merken
Daniel R. Stoller
Daniel R. Stoller
Senior Legal Editor

As Facebook Inc. scrambles to deal with high-profile data scandals, buying a cybersecurity company likely wouldn’t be the cure-all for its privacy and security regulatory woes, privacy and cybersecurity attorneys say.

Facebook CEO Mark Zuckerberg said Oct. 24 that the company is “investing heavily in both privacy and security. We now have more than 20,000 people working to keep people safe and protect their information.”

The social media giant is said to be looking to buy a cybersecurity company, according to news service website The Information. Facebook declined a Bloomberg Law request for comment on the subject. But Zuckerberg said ...

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