Facebook is planning to buy a major cybersecurity company, according to a report by The Information.
According to sources familiar with the matter, Facebook is stepping up its efforts to acquire a large security firm and has approached several companies about an acquisition.
Facebook reportedly aims to buy cybersecurity software which could be integrated with its existing platforms to help secure user accounts and combat hacking attempts.
The report did not state when Facebook aims to complete its acquisition, and the company did not provide official comment regarding its plans.
This follows a recent hack which affected millions of Facebook accounts, with hackers accessing intimate information of around 14 million users.
Compromised information included Facebook timeline posts and the names of recent Messenger conversations.