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Monday, October 3, 2022

Is Facebook Looking to Make a Big Cybersecurity Acquisition? There Are Many Reasons Why That Could Be a Good Idea

Facebook is looking to make a big acquisition in the cybersecurity space, according to a new report in The Information.

Citing four sources that named no names, the report stated that Facebook has approached “multiple” security firms regarding an acquisition, and that a deal could be announced by the end of the year.

It certainly seems that the social network could use a hand in the cybersecurity department, following its revelation of a hack that compromised the sensitive information of 30 million people.

Read more at Fortune

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The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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