Facebook could be fined millions by US regulators for privacy violations
Federal Trade Commission officials have discussed imposing a record-setting fine on Facebook after a year of major data breaches and revelations of improper data sharing, according to the Washington Post. Facebook may have violated a 2012 agreement with the government to protect users’ data and make clear statements about their privacy.
If imposed, this would be the first major fine Facebook has faced in the US after it was revealed last spring that the personal data of over 87 million users had been given to Cambridge Analytica, a political consulting firm, without their explicit permission. Last October, United Kingdom officials fined Facebook £500,000 as a result of Cambridge Analytica, but that amount pales in comparison to what US...