He said that agents should also focus on building their brand and the assets they own directly, such as their websites. They have to have some knowledge of how other companies in their chain, be it data suppliers or customers, are using that data.
Was that smart? Knowing what I know now, maybe I over shared.
The privacy breaches have led to speculation that many people would leave Facebook to protect their personal information.
The Verge that Facebook has taken out full-page advertisements in multiple newspapers to apologize for their latest data scandal related to data analysis firm Cambridge Analytica. The hearing of Zuckerberg's testimony exemplified that the proposed ideas from Congress on how to regulate Facebook were not efficient options for the company.
However, critics have expressed skepticism. "I think that clearly what's going on with Facebook is a wake-up call, and something like this was bound to happen, but Facebook as an entity is so integrated into the travel agent mindset that it's going to stick around".
Republican Sen. Orrin Hatch, 84, asked Zuckerberg how Facebook makes money.
"It's always been like this unfortunately", said Mr Hardy.
Facebook isn't the only company that uses data in "creative" ways but what this last month or so highlights is that consent is a major issue.
"How can someone control keeping the content within the realm they want it to without being collected?" asked Markwayne Mullin, R-Okla. "That is really a minimum", she said. I probably post more than some but a lot less than others. Though only 270,000 people downloaded the app, the net of data Cambridge Analytica received was much larger because it extended into their networks of friends.
"Mobile devices really are general goal computers", said Mr Hardy. Blumenthal, the Democrat from CT, asked to flip that around, and force Facebook to explicitly ask permission for whatever pieces of personal information it wanted to harvest and use, and explain why. Apparently, Facebook monitors your activity by the kind of apps an individual uses and promotes targeted advertising through this.
To add fuel to fire, the ability to capture data and turn it into insights to help advertisers "better engage with audiences" makes for even better ROIs but reinforces the fact that "people are the product". The report says Kogan paid about 270,000 participants to take the quiz, and due to Facebook's loose restrictions, the app also scraped data from the participants' friends - allegedly affecting a total of 87 million Facebook users.
The company has announced the launch of Data Abuse Bounty. "They are using third-party advertising libraries that are very invasive".
"So, Facebook had lacked policies for their app developers".
Senator Richard Blumenthal and other lawmakers tried to get Zuckerberg to change the rules of engagement between Facebook and its users. How do we deal with the new public sphere as it operates?' " She added: "People mistakenly think that Facebook sells your data. Many business leaders have a false sense of security about the safety of the data they gather from customers and employees, according to Ed Correia, president and chief executive of Sagacent Technologies, a managed IT services firm in San Jose, California.
"I don't see a reason for businesses to pull back now".
"I still think that it's the best channel for reaching the majority of people, no matter what their age or what their demographic is", Heeg said. My hope is that people will reflect on this and say, 'Whoa! How are we safeguarding the information of our clients?
"Even if you delete your Facebook account, the damage has already been done".