Meta Stock Dips as Indonesia Probes Instagram Password Reset Issue
Meta Platforms Inc. (NASDAQ: META) shares edged lower Monday after Indonesia's Ministry of Communication and Digital Affairs launched an investigation into Instagram's password reset mechanisms. The probe follows unverified reports of potential user data leaks in the country.
Indonesian authorities confirmed no evidence of external access to passwords yet, but the regulatory review continues. Meta maintains its password reset process is secure and internally managed. Users are advised to remain vigilant while the investigation unfolds.