Facebook has restricted financial companies from its users’ personal data

November 15, 2016

Facebook has restricted financial companies from its users’ personal data As stated in the latest news, access to financial data has been restricted by Facebook. Thus, getting information about potential customers from their personal pages by financial companies may be blocked by Facebook and other social nets.

The thing is that financial companies and banks check potential client’s confidential information from social nets and use it for underwriting. Therefore, a British company Admiral has been already blocked for collecting data on the potential clients from the social net. In agreement with the financial companies, social nets want to gain additional revenue from implying such measures.

If you follow the policy of social nets in this question, you’d better subscribe for a protective VPN for Facebook, which is to encrypt all your sensitive material from prying eyes. In addition, the measure will be fruitful as Facebook is known to collect your personal data for further usage, which has been already debated in Germany. Having applied a VPN for your networking, your online life turns to be protected from any interference while Internet freedom can be enjoyed by you.

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