Facebook, Global Data, and Corporate Governance Deficiencies

compliance-strategyHere we analyse the need for better corporate governance in the age of big data through the Facebook scandal
Why does a company need solid governance controls? One need only look at Facebooks stock market value loss in the wake of the social media giant’s recent scandal involving data privacy. In a typical corporation, a $50billion loss of value within a few days would undoubtedly lead to some major changes, and quickly.