Facebook agrees to pay Cambridge Analytica fine
The social network is coughing up almost $650,000, but still denies liabilityThe Information Commissioner's Office opened an investigation into data analytics for political purposes when it came to light in March 2018 that Cambridge University Professor Aleksandr Kogan had access to vast swathes of Facebook user data and had passed data on to data consultancy firm Cambridge Analytica, which had worked on campaigns for Donald Trump and Brexit.
The Federal Trade Commission has found that political consulting firm Cambridge Analytica deceived tens of millions of Facebook users by purposefully collecting their personal data for "voter profiling and targeting." The FTC issued a unanimous opinion on Friday confirming allegations made
WASHINGTON, Dec 6 (Reuters) - U.S. regulators on Friday said they had found political consulting firm Cambridge Analytica had deceived consumers about the collection of Facebook data and ordered the company to stop making misrepresentations about its privacy protections.
Early last year, Facebook was rocked by a scandal involving Cambridge Analytica, a political consulting firm that stealthily acquired personal information about Facebook users as part of a concerted effort to target voters ahead of the 2016 presidential election. The scandal catalyzed a nationwide discussion about online privacy and birthed the growing narrative that tech companies like Facebook wield too much power.
Nearly two years after the scandal first made headlines, the FTC today issued its formal opinion on the matter, noting that Cambridge Analytica deceived consumers with respect to the way it collected and used the personal information it gathered from Facebook users.
Facebook agrees to pay the UK £500K for the Cambridge Analytica scandal
Facebook may be looking ahead to the 2020 election, but it's still sweeping up debris from 2016. Today, Facebook agreed to pay the UK's Information Commissioner's Office (ICO) £500,000 (about $644,000) for its role in the Cambridge Analytica scandal. As part of the deal, Facebook will not admit to any wrongdoing. The fine was first issued in July 2018, but Facebook appealed the ruling. It said the ICO should be required to share the materials that led to its decision and that the ICO's alleged bias should be taken into consideration. A few months later, the ICO appealed Facebook's appeal. Now, both sides have agreed to drop their appeals.
Privacy Shield program. U.S. FTC finds Cambridge Analytica deceived Facebook users . Add a Comment. We encourage you to use comments to engage with users , share your perspective and ask questions of authors and each other.
FTC waves magic wand to distract people from the fact that Facebook can do the exact same thing as Cambridge Analytica at a larger and more effective This company was found guilty by the FTC the owner was not protected by the corporation and was held personally liable. The following is what I
The FTC’s press release on the matter reads in part:
In its Opinion, the Commission found that Cambridge Analytica violated the FTC Act through the deceptive conduct alleged in the complaint. The Final Order prohibits Cambridge Analytica from making misrepresentations about the extent to which it protects the privacy and confidentiality of personal information, as well as its participation in the EU-U.S. Privacy Shield framework and other similar regulatory or standard-setting organizations. In addition, the company is required to continue to apply Privacy Shield protections to personal information it collected while participating in the program (or to provide other protections authorized by law), or return or delete the information. It also must delete the personal information that it collected through the GSRApp.
Facebook says 100 software developers may have improperly accessed user data
Some developers retained access that was supposed to have been terminated last year.Facebook said it discovered that many developers still had access to data about users in groups, despite changes the company made in April 2018 to cut off this access, Facebook said in a blog post. Facebook said it knew of at least 11 developer partners that had accessed the data in the past 60 days and has contacted about 100 developers who may have had access to the data.
The Federal Trade Commission also found that Cambridge Analytica engaged in deceptive practices relating to its participation in the EU-US Privacy The FTC ’s investigation into Facebook and Cambridge Analytica was triggered by allegations that Facebook violated a 2012 consent decree by
U.S. regulators on Friday said they had found now-defunct British political consulting firm Cambridge Analytica deceived consumers about the collection of Facebook Inc data for voter profiling and targeting.
While many thought that the Cambridge Analytica scandal would ultimately cripple Facebook, Mark Zuckerberg and co. have seemingly defied expectations and have weathered the storm. Today, Facebook is making more money than ever before, and its stock price was on the cusp of setting a new all-time record just today.
What’s more, a number of surveys over the past 20 months or so have shown that the majority of Facebook users haven’t altered their usage habits at all. The takeaway is that there’s something of a disconnect between how most Facebook users view the company and how those in the media view the company.
For what it’s worth, Cambridge Analytica did not cooperate with the FTC investigation. This, of course, shouldn’t come as much of a surprise given that the company officially closed up shop just two months after the scandal broke.
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Brazil hits Facebook with $1.6 million Cambridge Analytica fine .
The Cambridge Analytica data scandal may have come to light nearly two years ago, but the former company -- and as a result, Facebook -- is still feeling the effects of the fall out. Brazil's government has imposed a $1.6 million fine on Facebook for its role in the fiasco -- a considerably higher sum than the $644,000 fined by the UK, where the incident took place. According to Brazil's Ministry of Justice and Public Security, data belonging to some 443,000 Brazilian users was used for "at the very least, questionable" purposes. Some estimates suggest that up to 87 million people were affected by Facebook's improper use of data globally -- mostly in the US.