Facebook privacy boss says fraud a 'major issue'

Facebook recently launched Facebook Places in the UK, although there are 'major issues' with hackers targeting the network
Facebook recently launched Facebook Places in the UK, although there are 'major issues' with hackers targeting the network

Facebook's head of privacy, Lord Richard Allan, has revealed that hacking of users' Facebook accounts to scam them out of cash has become a 'major issue' for the social networking giant.

Allan reveals that Facebook is developing new ways of countering the threat of hacked accounts and stolen identities.