Facebook has already made verbal commitments to better safeguard users’ personal data, and Tuesday, the social network made a financial commitment.
In the wake of the Cambridge Analytica data scandal, head of product security Collin Greene announced in a Newsroom post that the social network launched the Data Abuse Bounty program with the aim of rewarding people who report misuse of data by application developers.
Greene wrote, “This program will reward people with firsthand knowledge and proof of cases where a Facebook platform app collects and transfers people’s data to another party to be sold, stolen or used for scams or political influence. Just like the bug bounty program, we will reward based on the impact of each report. While there is no maximum, high-impact bug reports have garnered as much as $40,000 for people who bring them to our attention.”
According to Greene, Facebook will review all legitimate reports and respond to credible threats to user data as quickly as possible. If data abuse is confirmed, the offending apps will be shut down, and legal action will be taken against the company or companies that are selling or buying user data.
The social network will also alert users that it believes were affected.