In addition to the obvious data misuse implications, for a commercial platform to request a password for a separate application breaks every security protocol imaginable. On Tuesday, NBC reported that it had leaked documents showing that "Mark Zuckerberg leveraged Facebook user data to fight rivals and help friends." In some cases, Facebook would reward favored companies by giving them access to the data of its users. The NBC investigation cited Amazon as an example where Facebook provided access to user data in return for advertising dollars on its platforms. As data breach after data misuse after privacy scandal hits, the question has to be asked as to whether regulation is enough.
Source: Forbes April 18, 2019 07:37 UTC