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Facebook Fined Maximum Legal Amount For Cambridge Analytica Scandal (deadline.com)
Facebook has been fined $645,000 by the UK's Information Commissioner's Office for its role in the Cambridge Analytica scandal, which affected over 80 million users. "The fine was served under the Data Protection Act 1998," reports Deadline. "However, this was replaced earlier this year by an updated version of this law, which alongside the EU's General Data Protection Regulation, meaning that Facebook could have been served a maximum fine of 17 million British pounds or 4% of global turnover." Deadline reports: The ICO's investigation found that as a result of Facebook allowing personal data to be given to app developers, Aleksandr Kogan and his company GSR was able to harvest the data with some of this information shared with organizations such as Cambridge Analytica parent company SCL. It noted that event after the misuse of the data was discovered in December 2015, Facebook "did not do enough" to ensure those who continued to hold it had taken adequate and timely remedial action.
You guys are pretty much all the same. Socialist pro government hail fining the big boy for a stupid frigging api that could've and was used by everyone. Why do you hate companies, just because they have money? Guess what the government has far more than Facebook and who wins in this? Yeah. Not the consumer. Th is crap towards a smaller company (which I am sure there are tons and will be tons that do something similar but with less customers.. heck I remember even working at a few of them where api's could request ANYTHING.. just it was the get it done mentality) would shut it down financially. We're telling the government they should be allowed to govern 1s and 0s. How about show some restraint and don't use public free services that share your data WITH YOUR KNOWLEDGE? Use one of the million private ones and switch if they suck. Stop being so damn lawsuit happy. In the end it really was 1 penny per Facebook customer.. that is what your data is worth ultimately since every frigging Internet company already has it.