Facebook Confirms Cambridge Analytica Harvested Data From 87 Million Users

Anthony Carranza

The Facebook data scandal has taken a turn. After media reports confirmed the data leak, Facebook confirmed on Wednesday that information from 87 million users may have been compromised by the political consultancy Cambridge Analytica.

The data breach was initially reported to be 50 million. According to Reuters, Facebook acknowledged it was 87 million users, which is an increase of 37 million user accounts whose data was utilized by the data firm.

"Most of the 87 million people whose data was shared with Cambridge Analytica, which worked on U.S. President Donald Trump's 2016 campaign, were in the United States, Facebook Chief Technology Officer Mike Schroepfer wrote in a blog post."

In the news release above, Facebook confirmed they are taking the necessary steps to restrict the data to just third-party app developers. The social and tech giant has been facing mounting scrutiny from regulators in the U.S and in the U.K. An investigation by British lawmakers has begun.

The news of the data breach has not just prompted lawmakers to look into the company's handling of data. It has also affected the company's financials. As reported by the New York Times, stock prices have plummeted and Facebook has lost $100 billion in market capitalization.

The interrogation will be headed by Rep. Greg Walden, who is the chair of the committee. Assisting Walden will be ranking member Frank Pallone Jr. who will be facilitating more insight for Americans to understand what exactly happened with the information obtained from Facebook users.