
Not only are hackers misusing and stealing information, but facebook itself has also been accused many different times of taking and benefitting from users information. There was an incident when facebook staff did discuss selling access to user data to advertisers. The company was also accused of collecting text messages and phone call records through smartphone apps without consent.
Social media companies should be restricted in what data they are and aren't allowed to use. If it already isn't, it should be illegal to obtain information without consent. When I go online and use facebook, I shouldn't have to worry about outside sources or facebook itself taking my information and using it to benefit them. Hopefully facebook, along with other social medias, can respect our privacy in order to not lose customers.
Source: https://www.theguardian.com/technology/2018/dec/14/facebook-privacy-problems-roundup
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