Social Media Giant Reeling from Massive Facebook Security Breach -- 50 Million Accounts Compromised

The security breach which was discovered by Facebook (NASDAQ: FB) engineers on September 25 allowed the attackers to take direct control over user accounts; around 50 million of them to be exact.

The Latest Facebook Security Breach

In addition to the 50 million, Facebook also said there were another 40 million accounts which were potentially vulnerable. All said, the company logged out 90 million accounts to prevent further damage.

In a security update, Facebook admitted the attack was able to exploit the complex interaction of multiple issues in its code. This came about from a change the company made to its video uploading feature in July of 2017 affecting the “View As” feature.

Facebook said, “The attackers not only needed to find this vulnerability and use it to get an access token, they then had to pivot from that account to others to steal more tokens.”

This attack couldn’t have come at a worse time for Facebook. The company is trying to ratchet up its security before the upcoming mid-term elections while at the same time…