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.
$600,000 ahahahha. Man Zuckerberg is going to laugh his ass off all day long. That is chump change.
Somewhere beneath its $8,000,000,000 dollars from last year Facebook's accountants are trying to figure out where they misplaced that measly $645,000
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.
Now I believe that governments don't really think. How can a several billion dollar company, ($15b in net income -2017), be fined less that 0.04% of profit?
Can someone defend this position? does it make sense?
For reference of just how small a punishment this is to Facebook, 645,000 divided by 80 million is 0.0080625. Less than one cent (GBP? Euro?) per affected user.
Windows has detected an undetectable error.
Hmm, I have less money than I thought I did.
What happened?
Oh, that's right, I forgot.
I impulse bought Australia last week.
What might be the penalty for repeated and persistent offending? Facebook has and arguably does sell the user data to anyone.
âoe...Facebook could have been served a maximum fine of 17 million British pounds or 4% of global turnover...â
Sooo, Facebook was *not* fined the maximum legal amount.
Editor?
I'm still flummoxed by what supposed "crime" was perpetrated. Throughout this whole hysteria, I'm at loggerheads as to what was the "wrong".
Should the blame go to Facebook... or the people who USE facebook?
Facebook wouldn't exist without endless supplies of people dumb enough to use it in spite of the endless stream of shit that it foists on the world.
Seriously at what point is it reasonable to expect people to say, "Enough"?
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.
Facebook Fined Maximum Legal Amount For Cambridge Analytica Scandal
Facebook has been fined $645,000
Facebook could have been served a maximum fine of 17 million British pounds
Huh?
- First they ignore you, then they laugh at you, then ???, then profit.
write the check
That's sure to deter them from allowing it to happen again!
Zuckerberg had to dig for some change in his couch.
Take the cheese to sickbay, the doctor should see it as soon as possible - B'Elanna Torres, "Learning Curve"
So, either the law stipulates a max fee of $0.008 per person/violation in this scenario, is counting all counts as a single one, or some other combination of stupid.
It's simple: We should all take Zuck to small claims court for our 8 mills ($0.008).
This fine is so small as to encourage repetition, sadly.
This number needs at least four more zeros on the end if not six. Shame on those who reduced the penalty.
A fine like this wouldn't even cover the cost of a decent dinner for the board. Why would anyone think it might hurt enough to create a behavioural change? At this level, it becomes a cost of doing business.
Percentage of gross revenue is the *only* way to hurt companies this large.
What was the supposed "crime"? I'm still perplexed at what is was.
In Finland and Switzerland, speeding tickets are calculated on an individual basis depending on a person's income https://twitter.com/spectatori...
Casteism
Not a amount that will give Facebook any grief financially. Yet the EU fines Google a whole lot more for its mistakes. I am thinking the UK must have given Facebook a pass for some reason given this amount basically is a slap on the wrist.
The fine should be 645 million. Even 17 million is not enough.
Why weren't they fined when the Obama campaign hoovered up the contact details of everybody and their uncle?