The company's ThreatExchange program hopes to break longstanding barriers to companies talking about the cybersecurity threats they face. Early indications show they're willing to play along.
Last week, a hacker pleaded guilty to his crimes. The self-described "spam king," Sanford Wallace of Las Vegas, acknowledged in court his history of breaking in to Facebook accounts and sending millions of unwanted messages to other users over a period of three months.
Thankfully, the spamming was all he did. A more nefarious hacker, like those who broke in to Sony in November or Ashley Madison this summer, could have done much more damage.
Facebook believes it's come up with a way to stop the next spam king before he even starts. It's called ThreatExchange, and it's a program where companies around the world pool their collective knowledge about hacking attacks to help warn one another of the various methods being used by bad guys. Think of it like Facebook, but for catching hackers.
