US Facebook fine over privacy could be in billions - News Summed Up

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US Facebook fine over privacy could be in billions


Privac­y activi­sts have presse­d for a hefty penalt­y agains­t Facebo­okWASHINGTON DC: A US investigation into privacy violations by Facebook could result in a record fine running to billions of dollars, media reports said Friday. The 2011 court-approved agreement required Facebook to notify users when it shares data with third parties and bars the social network from deceptive practices. Facebook taps user data to defend workers from threatThe Post said the settlement could be in the range of $2 billion. Until now, the biggest fine imposed by the FTC was $22.5 million against Google for violations of an agreement to protect consumer data, according to the reports. Privacy activists have pressed for a hefty penalty against Facebook to demonstrate that the regulator is serious about enforcing its consent agreements.


Source: The Express Tribune February 15, 2019 16:15 UTC



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