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Abstract

The case of Facebook Data Leakage provides challenges of managing platforms and also raises issues of vigilance which need handling in an appropriate manner. The case also highlights the data security in social media network and handling the information systems. Within the short tenure, the growth of Facebook is enormous in social networking. It has successfully established their branches across the world. Facebook has managed to achieve both social and financial targets with a low cost and high volume data, agile strategy, customized user interface, extendable marketing programs, and outreach marketing strategy for the business. Facebook is funded by large institutional investors, mutual funds and Exchange-Traded Funds. Facebook investment in technology includes research and development expenses of USD7.75 billion, USD5.92 billion and USD4.82 billion in the years take, in the order of 15, 16 & 17. The business is highly competitive and the competition presents a real challenge for the Facebook remain dominate in the business. Data security leakages and improper access to the Facebook data or user data, or other hacking and phishing attacks on the system, could harm the reputation and badly affect the company's reliability. Facebook business is dependent on the ability to maintain and scale-up the technical infrastructure at the data security level.

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Abstract

The case of Facebook Data Leakage provides challenges of managing platforms and also raises issues of vigilance which need handling in an appropriate manner. The case also highlights the data security in social media network and handling the information systems. Within the short tenure, the growth of Facebook is enormous in social networking. It has successfully established their branches across the world. Facebook has managed to achieve both social and financial targets with a low cost and high volume data, agile strategy, customized user interface, extendable marketing programs, and outreach marketing strategy for the business. Facebook is funded by large institutional investors, mutual funds and Exchange-Traded Funds. Facebook investment in technology includes research and development expenses of USD7.75 billion, USD5.92 billion and USD4.82 billion in the years take, in the order of 15, 16 & 17. The business is highly competitive and the competition presents a real challenge for the Facebook remain dominate in the business. Data security leakages and improper access to the Facebook data or user data, or other hacking and phishing attacks on the system, could harm the reputation and badly affect the company's reliability. Facebook business is dependent on the ability to maintain and scale-up the technical infrastructure at the data security level.

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