SAN FRANCISCO—Facebook said on Wednesday, April 4, the personal information of up to 87 million users, mostly in the United States, may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million.
Shares rose more than 3 percent after the bell.
He said he had not fired anyone over the scandal and did not plan to. “I’m not looking to throw anyone else under the bus for mistakes that we made here,” he said.
Facebook first acknowledged last month that personal information about millions of users wrongly ended up in the hands of Cambridge Analytica.
London-based Cambridge Analytica, disputed Facebook’s estimate of affected users. On Wednesday it said on Twitter it had received no more than 30 million records from a researcher it hired to collect data about people on Facebook.
“Knowing what I know today, clearly we should have done more,” he said.
Facebook was taking steps to restrict which personal data is available to third-party app developers, he said, and it might take two more years to fix Facebook’s problems.
Most of the up to 87 million people whose data was shared with Cambridge Analytica were in the United States, Facebook Chief Technology Officer Mike Schroepfer wrote in a blog post.
Shares in Facebook closed down 0.6 percent on Wednesday to $155.10. They have tumbled more than 16 percent since the Cambridge Analytica scandal broke.
The previous estimate of more than 50 million Facebook users affected by the data leak came from two newspapers, the New York Times and London’s Observer, based on their investigations of Cambridge Analytica.
Cambridge Analytica has said that it engaged Kogan “in good faith” to collect Facebook data in a manner similar to how other third-party app developers have harvested personal information.
The scandal has kicked off investigations by Britain’s Information Commissioner’s Office, Australia’s Privacy Commissioner and the U.S. Federal Trade Commission and by some 37 U.S. state attorneys general.
Nigeria’s government will investigate allegations of improper involvement by Cambridge Analytica in that country’s 2007 and 2015 elections, a presidential spokesman said on Monday.