Summary:

- Facebook has been in existence for 20 years, but trust in social media remains low.

- Only 6% of people trust social media companies with their personal data.

- Trust in social media companies is lowest in Japan and the UK.

- Brits are the most distrusting nation when it comes to social media companies.

- US citizens are the most trusting of social media companies.

- Changes in social media data practices are needed to regain trust.

- Transparency, accountability, and user empowerment are important for rebuilding trust.

- Users should regularly review and adjust privacy settings on social media platforms.

- Critical industries like banking and healthcare are seen as the most trustworthy.

- Recommendations for increasing digital trust include risk-based authentication and consent management.

- Trust-building initiatives are essential for a safer digital environment.

Hashtags:

#Facebook #SocialMediaTrust #DigitalTrust #Privacy #Transparency #Accountability #UserEmpowerment #DataPrivacy #TrustBuilding #DigitalTrustIndex

https://www.infosecurity-magazine.com/news/20-years-facebook-trust-social/

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