Facebook is secretly planning to acquire cybersecurity firm

The year has not been too good for Facebook, especially because of the recent data breach which dealt the Facebook reputation in the market.

According to The Information report, “Facebook is planning to acquire a major security firm to help the company to fix its reputation.”

The reports claim that “Facebook is looking toward a security firm which can provide technology to protect user account, introduce new features and flag incidents on unauthorized access.”

The reports claim that “Facebook is slightly considering for the companies like Demisto, JASK, ZeroFOX, and Swimlane.”

Last month, Facebook CEO Mark Zuckerberg promised that “the company will increase the number of employees working on Security from 10,000 to 20,000”

In 2014, Facebook acquired a PrivateCore a company that makes secure server technology.

Right now, there are no details which company is Facebook going to acquire, but after the recent data breach, Facebook has taken a strong step like changing its user data permission model to limit the kind of information that can be accessed by the third parties.