Home » Will the Reported Snapchat Photos Hack Hurt its Valuation?

Will the Reported Snapchat Photos Hack Hurt its Valuation?

by Kurt Knutsson

While Snapchat itself wasn’t hacked, the peek-a-boo photo and video sharing site says customers using third-party app have allowed an estimated 200M nude photos to live on into eternity online. A hacker wishing to expose the security vulnerabilities of snapchat is succeeding in its wakeup call. Will investors flee? And would the reported $3B offer from Facebook ever materialize with a list of embarrassing security setback for the popular photo sharing app.

Kurt ‘The CyberGuy’ Knutsson and FBN’s Charlie Gasparino on reported Snapchat photos hack and the company’s valuation.

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