The policy of using the app states that it can actually collect and store information from your mobile device and use it in the future for marketing purposes.
FBStart will also be available to the selected startups under the aegis of the program and will provide access to technical support, ad credits and credits for tools and services from dozens of premier partners.
How the cyber attacks are taking place and what we should know about it, Adam Kujawa, Security Evangelist / Director Malwarebytes Labs has described everything.