Many companies are now taking profit of this to associate a number with a name and other information from the profile. This is incredibly bad for your privacy.
Facebook's bad decisions
Facebook made two particularly bad decisions.First they require a phone number for many of the site's functions.
Secondly, on your profile you can choose who can see your number. You can even select "Me only". But there is a different setting, which is enabled by default, that allows people to search for your profile using only your phone number.
There's a saying in software design that default settings should be good for most people. I don't think this is the case here. The problem is made even worse by the fact that Facebook is used by teenagers (and older people too) who are not aware of the consequences a lack of privacy can have on their lives, and their Facebook profile contains everything there is to know about them and that can be used against them.
On a larger scale...
Maybe you are thinking "Well, so someone knows a number and can find who owns it, what's so bad about it?" It would require a lot of time for people to look for the numbers*.Then you are not aware of what can be done with computers:
- Write a program to perform a brute-force search by trying every possible number there is out there, and build a database. Then sell this database.
- You think Facebook would find someone doing such kind of search? If they do, then attackers would use different network paths for each connection like it can be done with I2P.
- I2P would be particularly slow though. Also you would need a Facebook profile to do the search. Then, botnets would be used. People operating such networks have 100,000s of "zombie" computers working for them (where supposedly there would be a cookie on the computer allowing them to perform the search), and these would use people's Facebook accounts to do the search. The attack could be done in minutes.
* Did you know there are people in India and elsewhere in the world currently solving CAPTCHAs by hand? Although there are advanced techniques to solve many kinds of CAPTCHAs, by the time and price an engineer can write such a program, people with low pay from poor countries would have solved millions of these stupid images.
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