Cyber Attack Causes Facebook and Instagram Shutdown

Possibilities of a State-Funded Cyberattack

Shortly after a large number of Facebook and Instagram users experienced difficulties with accessing their accounts, several speculations emerged hinting at the potential involvement of a state-funded cyberattack. However, Mark Zuckerberg, CEO of Meta (which owns both social media platforms), brushed aside these speculations. Zuckerberg, who had recently returned from a trip to India, utilized Twitter, previously known as X, to inform users about the diligent investigations being carried out by Meta's security teams. He confidently underscored Meta's robust security infrastructure, specifically designed to ward off incidents such as cyberattacks.

Financial Impact of the Outage

The account access problem, occurring from 10 am ET to 12 pm ET, is believed to have cost the technology powerhouse a staggering $100 million. Given that the glitch affected upwards of 500,000 users worldwide, the setback was significant, particularly for a company bereft of its ad revenues and dependent on stock prices for market dominance. Dav Ives, managing director at Wedbush Securities in New York, supported the estimated financial impact. He added that the losses could have been even more severe if Meta hadn’t activated its business continuity measures promptly.

Speculated Connection with Meta CEO's Recent Media Presence

Coincidentally, the service outage took place a day after Meta's CEO, Mark Zuckerberg, and his wife, Priscilla Chan, were in the news for their interest in a $10 million watch owned by Anant Ambani. Ambani is the younger son of Mukesh Ambani, who is the Chairman of Reliance Industries. A lavish pre-wedding celebration hosted by Anant Ambani at Vantara, a National Initiative for animal welfare, caught media attention significantly.

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The Actual Cause of the Outage

After extensive investigations, the account access problem was ultimately attributed to a technical glitch in the servers, particularly concerning the application programming interface (API). This information was shared on Reddit by an engineer associated with Meta. Despite earlier misinterpretations, the accounts of the outage being a result of a cyberattack resurfaced after an update from CyberInt. As per the report, the situation could have been the work of a three-member hacking group – Anonymous Sudan, Godzilla, and Skynet. However, it has not been officially confirmed, and further investigations are ongoing.

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About the Author: Alejandro Rodriguez

Alejandro Rodriguez, a tech writer with a computer science background, excels in making complex tech topics accessible. His articles, focusing on consumer electronics and software, blend technical expertise with relatable storytelling. Known for insightful reviews and commentaries, Alejandro's work appears in various tech publications, engaging both enthusiasts and novices. Follow us on Facebook