From here you can delete anything from your timeline or profile that you no longer want shared with the platform. "So we're basically handing them who we are, and then being a little surprised that they're using that data", said Hinds.
The company is still attempting to recover from the worldwide scandal that saw a British political firm, Cambridge Analytica, misuse personal data of up to 50 million Facebook users to help elect Donald Trump as USA president in 2016.
The existing download option has 72 categories of information, from addresses and apps to IP addresses, political views, work, and videos.
"It is felt that there is a need for further information about the data breach from Facebook".
This undated product image provided by Facebook shows a redesign of Facebook's privacy tools.
Every like, share and post, every message and call, is data to be stored.
Facebook did not immediately respond to a request for comment.
One realization came after a news story detailed how U.S. Immigration and Customs Enforcement agents use Facebook data to track and locate suspects.
At the crux of the issue is knowing what data is collected and who has access to it through the platform.
Instead of spanning across 20 different screens, settings can now be accessed from a single page.
Facebook is also pledging to update its terms of service and data policy to improve "transparency".
Facebook's shares closed up 0.5 per cent at $153.03 on Wednesday. The company is reeling under the one of the worst data leaks in its history. Mark Zuckerberg, Facebook's chief executive, has agreed to appear in front of lawmakers on Capitol Hill next month, people familiar with the decision have said.
"My fellow attorneys general and I demand answers on behalf of all those whose trust and personal data has been compromised", he said. In the new centralized page, people will be given a streamlined list of what each app is collecting on them, as well as the ability to delete the apps.
Lawmakers in the United States and Britain are still clamoring for Zuckerberg himself to explain how users' data ended up in the hands of Cambridge Analytica.
He plans to testify before Congress, a source briefed on the matter said on Tuesday. Work on the devices is said to be led by Facebook's Building 8 team, a group within the social media giant that focuses on consumer hardware. Senate Judiciary Chairman Chuck Grassley has officially invited all three CEOs to a hearing on data privacy on April 10.