Facebook has leaked data of 533M facebook user, including 6M Indians online for free
Over 3.6 billion people use social media worldwide in 20202. Globally 2,953 publicly reported breaches happened in the first three-quarters of 20208. The social impact of data breaches on an individual and business includes financial loss, operational downtime, legal actions, reputation damage, & loss of sensitive data 7 that can be used by cybercriminals to cybercrimes like identity theft, phishing, etc 6.
FB repeatedly fails in ensuring user privacy by invading multiple times into user’s personal data
As of Jan 2021, the world had nearly 4.66 Bn active internet users globally, accounting for 59.5% of the global population1. According to a study, nearly 80% of social media (SM) users worry about personal data being accessed & used by advertisers and businesses3. Loss of data privacy is a major problem that impacts global internet users every year2. Of those who have been victims of online data stealing, an estimated 27% suffered a loss between $100 to $10,000 or more2.
World’s 2nd most popular social media platform, Facebook, fosters businesses
One of Social media's advantages is that it allows businesses to expand and venture into new dimensions1, making it easier to access a broader audience. Globally, there are over 3Bn people who use social media1. Research shows, 71% of consumers recommend the brand if they have had a good social media service experience1.
Facebook allowed Chinese Communist Party to promote Uyghur disinformation for $400
The ILO estimates that over 24.9 Mn people are subjected to forced labor2. Around 4.1 Mn people (17%) are under state-imposed forced labor2. Over $150 Bn in illegal profits comes from forced labor, out of which $99 Bn comes from sexual exploitation, while $51 Bn comes from exploitation through economic activities, among others2.
Fake news spread through Facebook and WhatsApp lead to breakouts of violence in India
In 2019, a survey of English-language internet users in India found that 52% of respondents got news via WhatsApp and Facebook5. Research shows that WhatsApp is a major source of fake news and disinformation, as one out of 2 users in India receives fake news from these sources6.