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Facebook wants to buy a big cybersecurity company after 2 catastrophic data breaches

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Charles Pete
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Facebook is looking to acquire a major cybersecurity company, The Information reports.

The tech firm has reportedly assembled a team to scout out big cybersecurity firms to add to its technical expertise and to quell criticism of its data protection.

It comes a few weeks after Facebook disclosed it had detected the biggest data breach in its history, which affected 30 million users.

Facebook is shopping around for a big cybersecurity company, The Information reports.

Citing four people familiar with the matter, The Information said Facebook has approached a number of cybersecurity companies with a view to a possible acquisition.

Sources declined to say which companies had been approached, but one said a deal could be closed as soon as the end of this year.

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Charles Pete
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