Facebook, the world's biggest social network, is buying online security company PrivateCore for an undisclosed amount of money. It's almost certainly not Instagram or Oculus levels of cash, never mind the tens of billions thrown at Whatsapp, but it will, apparently, help Facebook secure all of the data — the personal, private social data that all of us who use Facebook choose to share with them — on its servers. Oded Horovitz, CEO, posted the following on PrivateCore's website:
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.
Facebook's chief security officer, Joe Sullivan also elaborated on the deal:
Given the value of the data — again, our data — stored on Facebook, it's great to see them paying more attention to security. No system is ever foolproof, but that just means everyone has to work harder to protect them, all the time.
Do you share a lot of personal information with Facebook? If so, how important is their data security to you?