Black markets

Facebook buys your leaked passwords from black markets, here’s why

Its size and scope also make it one of the top targets of the notorious hackers who keep looking for any opportunity to breach data. To avoid such mishaps and scandals, Facebook tries to take every possible measure.

At the Web Summit 2016 tech conference in Portugal, the blue network’s chief security officer, Alex Stamos, told how safety is bigger than security. In the wake of the recent data breaches and hacks, he said, “It turns out that we can build perfectly secure software and yet people can still get hurt.”