Published: Fri, September 28, 2018
Markets | By Otis Pena

Facebook sinks after admitting it was hacked (FB)

Facebook sinks after admitting it was hacked (FB)

A Taiwanese hacker is about to hit the big time - or fail in an embarrassingly public manner - as he's preparing to launch a public attack on the personal Facebook profile of Mark Zuckerberg, the man who, you know, invented it.

Chang is nothing short of a celebrity in his home country.

As if planning for a video game stream, software bug bounty-hunter Chang Chi-yuan posted a Facebook event reminder on September 27, which mentioned his hacking attempt on September 30 at 6 p.m., Taiwan time, reports Bloomberg.

Now, in an unexpected twist, he's backpedaling on his promise to livestream the deletion of Zuckerberg's account - but not on the claim that he found a severe vulnerability within Facebook.

In the new post, Chang said he didn't expect for his event, which was sent to more than 27,000 people, to go viral.

Zuckerberg is no stranger to being hacked, however, after the founder's account was successfully breached in 2011. He posted screenshots of his bug submission to Facebook.

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Chang Chi-yuan, a bug bounty hunter who exposes security flaws in websites for money, told followers of his Facebook page he would delete Mr Zuckerberg's account.

But going by Chang Chi-yuan's track record, he might just be able to pull off the stunt. In return, the companies usually provides some sort of monetary reward with variables dependent on each company. He's been on talk shows and his notoriety landed him in trouble when a local bus operator sued the hacker for hacking their systems and buying a ticket for just NT$1 (about 3 cents).

Bug-bounty programs are common among technology companies.

We've reached out to Facebook for comment on Chi-yuan's upcoming hack and will update this post if we hear back.

The flaw, which was discovered on Tuesday, allowed hackers to access almost 50 million users' accounts, Facebook said.

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