Date
19 August 2017
A Facebook signage made up of pictures of individual faces is displayed inside the company's data center in Prineville, Oregon. Photo: Bloomberg
A Facebook signage made up of pictures of individual faces is displayed inside the company's data center in Prineville, Oregon. Photo: Bloomberg

Facebook to acquire internet security provider PrivateCore

Facebook Inc. said on Thursday it will acquire internet security startup PrivateCore for an undisclosed amount, Reuters reported.

The social networking giant said the technology provided by the Palo Alto, California-based company can “validate and secure” server data and can protect computer servers from “persistent malware, unauthorized physical access, and malicious hardware devices”. PrivateCore, founded in 2011, raised US$$2.25 million in funding in 2012 from Foundation Capital, the report said.

“I’ve seen how much people care about the security of data they entrust to services like Facebook,” Facebook chief security officer Joe Sullivan said in a post on Facebook announcing the deal.

The deal comes amid a growing number of high-profile data breaches, the report said. Earlier this week, The New York Times reported that a cybersecurity firm uncovered about 1.2 billion internet logins and passwords amassed by a Russian crime ring.

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