Facebook's Transparency Is a Good Start, but Its Market Power Could Make It a Major Advocate for Privacy and Cybersecurity Worldwide

"In the last week, Facebook disclosed a campaign by foreign interests – likely from Russia -- to disrupt the 2018 midterm elections and announced dramatic spending increases on improvements to data privacy and security.

Scott Shackelford, associate professor of business law and ethics in the Indiana University Kelley School of Business, chair of the Cybersecurity Program and director of the Ostrom Workshop Program on Cybersecurity and Internet Governance at IU Bloomington, said the company has begun taking proactive steps to strengthen its systems against hacking and misuse, but could do more.

“Aside from taking down pages sponsored by foreign adversaries, Mark Zuckerberg has promised the company will apply the protections of the European Union’s General Data Protection Regulation to all users around the world. It will also require political advertisers to provide additional transparency, as a new weapon in the reported ‘arms race’ Facebook finds itself in with Russian propagandists. And the company is partnering with researchers to better understand its role in elections."