KEY POINTS
  • Facebook discovered a security issue that allowed hackers to access information that could have let them take over around 50 million accounts, the company announced on Friday.
  • Following the disclosure, shares of Facebook extended midday losses and ended trading 2.5 percent down.. 

Facebook discovered a security issue that allowed hackers to access information that could have let them take over around 50 million accounts, the company announced Friday.

"This is a very serious security issue, and we're taking it very seriously," said CEO Mark Zuckerberg on a call with reporters.