Facebook And The “Login Approval”
Facebook places extra security measures to better protect its users. From now on Facebook Inc (NASDAQ:FB) will now notify its users if they have been a victim of a state-sponsored attack. That is if the network believes a user’s account has either been targeted or already been hacked by state-sponsored elements.
In a scenario where a user’s account has been compromised, Facebook will notify the user of the incident and encourage them to turn on “Login Approvals” – which is an additional security mechanism that providers better security to their Facebook account. By turning on Login Approvals, users can make it difficult for others to log into their accounts.
Enabling this feature, which works similar to other two-factor authentication systems, an alert will be sent to the user that their account has been accessed from a new browser or device. When an unauthorized login takes place, Facebook sends a security code to the phone number listed in the account holder’s details, for them to proceed to log in using that account.
Even though this extra layer of security exists and should be turned on by default, many Facebook users are not aware such an option exists or do not want to go through the additional hassle of signing in when they use a new device.
The company refrains from telling how it is able to differentiate between a state-sponsored and any other sort of attack, but it says it will only show the message when there is sufficient evidence that points towards a state-backed attack.
Facebook also suggests users replace or take steps to rebuild their systems, if they ever encounter this message. Facebook is not the first site to implement this additional security measure; back in 2012, Google implemented its own security system to thwart state-sponsored attacks. Being a social media website, many see it as an unnecessary step in protecting user accounts.
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As much as we have studied in this website technical analysis, I should not underestimate fundamental analysis. We have interesting articles that can be useful to understand how companies are behaving: how are their sales? are they investing in new plants? Are they divesting and splitting? This information can be helpful to perform fundamental analysis before investing.
We study assets more in terms of what are these companies doing in long-term investments, what happens with their management accounting and balances in a wide array of securities and markets.
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We have studied investments from Netflix, new contracts signed by Orbital, SolarCity earnings report and their negotiation with Tesla for the acquisition of the Powerball battery, the problems that ARCH coal is facing, how IBM is investing in the treatment of the Zika virus, how Moon Express is planning to mine minerals in the moon, and how Citigroup is engaged in commodity trading.
We follow a lot Tesla here, from the fundamental analysis and from the technical as well. See how the Chevy Bolt and the Tesla 3 are dimensioning the evolution of the price of this shares and how this could affect technical analysis, and how the Autopilot functionality is working: the evolution of the Autopilot software has always influenced the prices of their stocks. Tesla Model S 70D is considered the “car of the century”, not by us of course, but we are interested to see how these awards affect the evolution of the stocks. Tesla and other companies signed an agreement so that autobraking became the standard in 2022. A trend in the automobile industry started by Mercedes Benz and Tesla, is having a platform to sell pre-owned vehicles: now General Motors is joining that trend as well.
We have studies how the stock slump of GoPro should be considered not only from the view of technical analysis. Also, check the functionality from Facebook, the “login approval” and if it really protects users or other interests. The reports from Volkswagen about their very low injury claims, how now other companies in China can use the name “IPhone” apart from Apple. We continue in China to learn about the Marketplace Alliance Program from Alibaba, and the joint investment in CloudFlare from Google Inc, Microsoft Corporation, Qualcomm, and Baidu.
About Google, a company we follow a lot here, I want to see how they have entered in the batteries market and how this will affect their current projects and the evolution of the stocks. Interesting are the Chrome updates to decrease CPU usage.
We discuss briefly how Oracle adressed the changes in the cloud-computing industry, why Morgan Stanley is optimistic after the pandemic and the Brexit, the divestment in Dell regarding Perot Systems, and the effects of the huge minimum wage rise in Costco. Chipotle is cutting the executive compensation, the issues that BP is facing, what happens with Macy´s earnings and how fundamental analysis can be done in those cases. About Apple, we analyze the effect of the launch of this product Apple Watch where sales performed very irregularly.
I am David, economist, originally from Britain, and studied in Germany and Canada. I am now living in the United States. I have a house in Ontario, but I actually never go. I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.