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NewsBriefs

most of my life in Central Florida, so to be honored as a PPP: Tapping into government largesse
mover and shaker in my community is surreal," she added.
The deadline for applying for a Paycheck Protection Pro-
Infosec leaders decry Facebook breach gram loan was extended, giving sole proprietors, even
independent contractors, hard hit by the COVID-19 eco-
News of a Facebook breach continues to trend in social nomic downturn another chance to receive assistance
media throughout the information security community. from Uncle Sam. "This is an awesome opportunity," said
A tweet by Alon Gal, chief technology officer at Hudson James Shepherd, president of CCSalesPro and co-host of
Rock, initially disclosed that 533 million Facebook users' the Merchant Sales Podcast.
phone numbers had been leaked to an online forum. The
disclosure prompted an angry backlash from security "The federal government has an enormous amount of
cognoscenti. Saryu Nayyar, chief executive officer at Gu- money it's pumping into the market." ISOs, merchant
rucul, commented that the breach is a huge blow to Face- level salespeople and other small businesses that fail to
book and may lead to crippling fines for security and pri- take advantage of this government largesse "are leaving so
vacy violations. " much money on the table," he added. And there's no short-
age of companies willing to help. Womply, a CRM and
Eleven million of the users whose data was exposed are in marketing automation company, reported that it helped
the UK," she said. "Under GDPR penalties, Facebook faces more than 100,000 businesses garner PPP loans in March.
a maximum fine of £17.5 million or up to 4 % of their total "That's more approvals than any individual lender, prov-
2020 global turnover—whichever is higher. The UK fine ing the power of our technology and our lender network,"
alone could set Facebook back $3.4 billion." Nayyar fur- the company noted.
ther noted that over 32 million records belong to U.S. us-
ers, which may prompt the California Attorney General to
seek civil penalties of $2,500 per violation of the California
Privacy Protection Act.

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