Facebook, Inc. has had a lot of issues with privacy policies and securities. But with the recent acquisition by Facebook Inc., one can expect more security measures from the social networking giant. According to the reports, Facebook, Inc. announced on Thursday that the organization is looking forward to buy out a ‘security’ enterprise. Facebook being the largest social network in the world with 1.32 billion monthly users, it is quite obvious to think about security. Additionally, Facebook has suffered a lot owning to issues related to privacy and security. Thus, it might just be a good decision to let the ones more experienced in online security handle the troubles.
The reports have it that Facebook Inc. is looking forward to buy PrivateCore, which is famous as security provider centers that provide internet services. PrivateCore helps in protecting the computers that are a part of the official system of the Internet service providers. Thus, in turn, it also protects the network to a certain extent.
PrivateCore announced the acquisition in its homepage and stated:
Since the beginning, we have worked tirelessly on our technology to protect servers from malware threats, unauthorized physical access, and malicious hardware devices. Working together with Facebook, there is a huge opportunity to pursue our joint vision at scale with incredible impact. Over time, Facebook plans to deploy our technology into the Facebook stack to help protect the people who use Facebook. We know we will learn and grow as we continue developing our technology and making it stronger.
However, Facebook has not made any statement in relation to the financial; clause of the deal. PrivateCore is a California-based Security firm founded in 2011 and is already worth in the millions. It will be interesting to follow the negotiation process that follows the initial talks. Facebook is probably in need of a dedicated Security partner as security is becoming more important for users day by day.
The experts are of the idea that the recent crash that Facebook suffered a few days back must have prompted he social networking organization to take the steps of the acquisition. The users Social Networking media have already seen a few data breaches in the field. With the increasing risks of Cybercrime and he increase in the number of cases, it is important for the users to feel safe with Facebook and this is what the company is actually doing!