Following a series of breaches and ongoing fake news challenges, Facebook needs to repair its image and improve security. We look at potential acquisition targets that could help.
Facebook has reportedly put together a corporate development team to investigate the prospect of acquiring a major cybersecurity company before the end of the year.
The news comes a few weeks after Facebook disclosed it had detected the biggest data breach in the company’s history, which affected the personal data of 30 million users.
A big cybersecurity acquisition would be a public signal that Facebook is getting serious about learning from past mistakes and improving security. The acquisition could also help boost the level of cybersecurity expertise and talent at Facebook.
Using CB Insights data, we identified seven likely areas of focus for Facebook’s cybersecurity acquisition:
- Behavioral analytics
- Threat intelligence
- Identity management
- Development operations
- Incident response
- Disinformation & propaganda