Facebook Says Hackers 'Scraped' Data of 533 Mn Users in 2019 Leak

FILE PHOTO: A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration
FILE PHOTO: A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration
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Facebook Says Hackers 'Scraped' Data of 533 Mn Users in 2019 Leak

FILE PHOTO: A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration
FILE PHOTO: A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration

Facebook said Tuesday that hackers "scraped" personal data of some half-billion users back in 2019 by taking advantage of a feature designed to help people easily find friends using contact lists.

A trove of information about more than 530 million Facebook users was shared over the weekend at a hacker forum, prompting the leading social network to explain what happened and call on people to be vigilant about privacy settings.

"It is important to understand that malicious actors obtained this data not through hacking our systems but by scraping it from our platform prior to September 2019," Facebook product management director Mike Clark said in a post.

"This is another example of the ongoing, adversarial relationship technology companies have with fraudsters who intentionally break platform policies to scrape internet services."

The data included phone numbers, birth dates, and email addresses, and some of the data appeared to be current, according to US media reports.

The stolen data did not include passwords or financial data, according to Facebook.

Scraping is a tactic that involves using automated software to gather up information shared publicly online.

"All 533,000,000 Facebook records were just leaked for free," Alon Gal, chief technology officer at the Hudson Rock cybercrime intelligence firm, said Saturday on Twitter.

He denounced what he called the "absolute negligence" of Facebook.

"Bad actors will certainly use the information for social engineering, scamming, hacking and marketing," Gal said on Twitter.

Clark urged members of the social network to check their privacy settings to control what information can be seen publicly, and to tighten account security with two-factor authentication.

This is not the first time leaks or use of data from the world's largest social network -- with nearly two billion users -- has embroiled Facebook in controversy.

In 2016, a scandal around Cambridge Analytica, a British consulting firm that used the personal data of millions of Facebook users to target political ads, cast a shadow over the social network and its handling of private information.



EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
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EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo

The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.

The program, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.

The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilize a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, Reuters quoted EU officials as saying.

The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.

The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.

The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defense technologies, robotics and advanced materials, the officials said.