>> Facebook revealing a hack that exposed almost 50 million accounts. The social media giant on Friday saying its team discovered a security breach earlier this week. The View As feature that shows what your account looks like to the public had a vulnerability in its code which allowed hackers to break in.
Facebook says it turned off the View As feature for now, and it reset those 50 million accounts, and another 40 million just to be safe. That means those users will have to use their passwords to log back into their accounts. Reuters' Paresh Dave was on a conference call with CEO Mark Zuckerberg.
>> Zuckerberg calls this a really serious security issue. I think the company recognizes that it's had a tough year. Facebooks says that it's still not sure what information these hackers accessed. But theoretically, the attackers had access to whatever information is available on a user's Facebook profile. Including private messages, photos that they might have shared with a limited audience, or even phone numbers, email addresses, birthdays they keep hidden from everyone.
What the hackers definitely couldn't access is things that Facebook doesn't store in your account in this way, including things like credit card numbers.>> The news comes at a tough time for Facebook, already struggling with the fallout from an earlier data privacy scandal involving the political consulting firm Cambridge Analytica.
And criticism that it didn't do enough to prevent the alleged Russian government meddling in the 2016 presidential election. And along with other social media companies, Facebook has been working to guard against any political interferences on its platform with rising concern about attempts to disrupt the November US midterm elections.
Facebook shares closed down nearly 3% on Friday.