The CEO's written testimony admits inadequacies in protecting user data as the company rolls out new tools. Facebook founder and CEO, Mark Zuckerberg apologised to Congress for his company's failure to block improper use of people's data and vowed to take correctional steps.
“It’s clear now that we didn’t do enough to prevent these tools from being used for harm. That goes for fake news, foreign interference in elections and hate speech, as well as developers and data privacy,” said Zuckerberg. From disseminating fake news to unauthorised use of personal Facebook data in the 2016 presidential election – 87 million users have been affected.
We didn’t take a broad enough view of our responsibility, and that was a big mistake. It was my mistake, and I’m sorry. I started Facebook, I run it and I’m responsible for what happens here.
Five months ago, Facebook employed 10,000 staff to work on safety and security. Now it's hit 15,000 and by the end of 2018 it is expected to expand to 20,000.
A generic message will appear on your Facebook soon to find out if you were one in the 87 million and to update your privacy controls.
Last Friday, Cambridge Analytica supported legislative proposals aimed at social media sites including mandatory disclosures of exactly who is buying political ads and new verifications for parties pushing ads focused on gun control, racism, and other issues.
Zuckerberg also added that Facebook was too slow to spot and respond to Russian interference, and are working hard to get better. The U.S. Federal Trade Commission is investigating Facebook's data practices.