Facebook gets away with $5B FTC fine for leaking your data

2019-7-24 17:08

The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future.

The new order requires the company to ban developers who don’t comply with its privacy policy. Facebook also has to make a new committee focused on privacy-related risks. In a statement posted on Facebook, CEO Mark Zuckerberg, said the company will review its systems and bring new privacy controls: We have a…

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