Meta Increase Privacy By Investing IDR 130 Trillion In 2024

Meta invests in privacy (photo: dock. Meta)

JAKARTA Meta, the company that oversees Instagram and Facebook, held a fourth-quarter 2024 earnings call on Tuesday, January 28. At the event, Meta mentioned security.

According to the company, they have made great progress in the privacy department. Since 2019, Meta has invested US$8 billion (Rp130 trillion) to rebuild privacy programs and implement changes to the company's data practices.

Through this investment, Meta also strengthens privacy policies across its social media and creates various new features and tools that can strengthen account security. Thanks to the focus on user privacy, Meta has succeeded in making its social media more developed.

"Our privacy technology has grown to make us faster, better, and more agile. Currently, privacy considerations are at the core of our product development process and privacy protection is built in every innovation from the start," Meta said in its official broadcast.

There are many things Meta does throughout 2024 to strengthen their privacy, from launching new features to developing supporting infrastructure. The following is a row of Meta privacy updates last year.

In addition to introducing some of the above updates, Meta also continues to improve its Privacy Review efforts. This action is taken to evaluate the latest data features or practices, reduce potential privacy risks, and develop mitigation.

The Meta Review effort includes more than 1,400 monthly products, features, and data practices. By studying privacy in depth, Meta can maintain the security of its platforms and products and improve the user experience.