A similar data breach in the future could make Facebook liable for fines of more than $1.6 billion under the European Union's new General Data Protection Regulation, which will be enforced from May 25. Cambridge Analytica says none of the Facebook data was used in the Trump campaign. Earlier rules were ambiguous on this point, and international companies took advantage of that to skirt some regulation, the EU says. Even though GDPR doesn't legally protect the data of people outside the EU, analysts expect many companies to apply the rules worldwide. "We've built tools to help people manage their data and understand their choices with respect to how we use their personal data," it says.

Source: ABC News March 26, 2018 08:58 UTC