Kartikay Mehrotra and Aoife White report:
Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. The company’s disclosure in September that hackers exploited several software bugs to obtain login access to accounts was tagged as Facebook’s worst security breach ever. An initial estimate that as many as 50 million accounts were affected was scaled back weeks later.
A federal appeals court in San Francisco on June 21 rejected the company’s request to block the lawsuit, saying claims against Facebook can proceed for negligence and for failing to secure users’ data as promised.
Read more at: Bloomberg Quint.