This week we touched briefly on how Facebook is fast approaching 1 billion users worldwide–an astounding amount of growth since the company opened its social media platform in 2006 to anyone with an email address aged 13 and up. With those users comes an extraordinary amount of data in the form of personal information such as “likes,” preferences, and photos.
What would happen if that data were to leak? Would it rival a disaster like an oil spill in terms of cost? Tech blogger Gerd Leonhard explains Facebook’s current attitude toward protecting your data at swissnex San Francisco: