Watchdog urges record £500000 fine for Facebook over Cambridge Analytica data scandal

Facebook CEO Mark Zuckerberg speaks during the annual F8 summit at the San Jose Mc Enery Convention Center in San Jose California

The chairman of the U.K. Parliament's media committee says the government office that investigated the Cambridge Analytica scandal has fined Facebook 500,000 pounds ($663,000) for failing to safeguard users' data.

Facebook's chief privacy officer, Erin Egan, said in a statement that the company is reviewing the ICO report and will respond soon. The ICO said it was providing the interim report to help that inquiry.

While the ICO hasn't exactly ruined the firm's finances with this penalty, it represents the latest in a series of consequences for Facebook following the Cambridge Analytica scandal that erupted this year. The tech giant is accused of not properly protecting user data and not sharing how people's data was harvested by others.

"We are fully cooperating with the investigation now under way by the Australian Privacy Commissioner and will review any additional evidence that is made available when the UK Office of the Information Commissioner releases their report", the spokeswoman said.

"We must change this fast as no-one should win elections using illegally obtained data", she said, adding: "We will now assess what can we do at the European Union level to make political advertising more transparent and our elections more secure". The ICO is also probing another pro-Brexit campaign group, Vote Leave, for sending personal data on United Kingdom citizens to a Cambridge Analytica-like (and possible Cambridge Analytica-affiliated) company called AggregateIQ, which Facebook has kicked off its platform.

The U.S. Federal Trade Commission is still investigating Facebook, and is yet to penalize the company.

Prince William and Duchess Kate christen third child Prince Louis
She was heard describing her son as "very relaxed and peaceful", telling the archbishop with a smile: "I hope he stays like this". Britain's Catherine, Duchess of Cambridge holds Britain's Prince Louis of Cambridge on their arrival for his christening service.

Cambridge Analytica has maintained that none of the data obtained without the knowledge of Facebook users was shared with or used for the purposes of the Trump campaign during the 2016 election.

The decision was welcomed by former Cambridge Analytica employee and whistleblower Christopher Wylie.

The watchdog also plans to bring criminal charges against Cambridge Analytica's defunct parent company SCL Elections. In 2017, Facebook generated $40 billion in ad sales. The General Data Protection Regulation, more commonly called the GDPR, allowed for a maximum fine of 20 million euros or 4 percent of a company's annual global revenue from the year before, whichever is higher. Among the issues they are still probing is an assertion by Cambridge Analytica that it had deleted the data, after the social media giant requested it in 2015.

Facebook's annual revenue in 2017 was almost $40 billion, translating to a much higher possible fine of $1.6 billion.

"Everyone from social media firms, political parties and data brokers seem to be taking advantage of new technologies and micro-targeting techniques with very limited transparency and responsibility towards voters", she said.

Related News:



Most liked

Keep calm and carry on: Williams serene at Wimbledon
After going a couple of weeks without hitting a serve, Williams has regained her ability with that stroke nicely at Wimbledon . That year, Cilly Aussem and Hilde Krahwinkel went on to set up the only all-German women's final in Grand Slam history.

When to watch today's RAF centenary display
After the royal appearance, the family watched the flypast from a balcony at Buckingham Palace with great ceremony. On her way into the building, the Duchess of Sussex stopped to meet a very serious-looking young boy.

Trump calls for allies to spend more on defense at North Atlantic Treaty Organisation summit
This has been brought up by other presidents. "I think these countries have to step it up , not over a 10 year period, they have to step it up immediately".

World's ugliest dog dies weeks after winning title
She was purchased by a rescue group after spending the first five years of her life in a Missouri puppy mill. Brainard and the rest of Zsa Zsa's family hosted a ceremony for her in their back yard to honor the pup.

Trump administration slashes Affordable Care Act sign-up assistance
The administration's latest effort to undermine the Affordable Care Act comes at a particularly sensitive time for insurers. About 20 million Americans have received health insurance coverage through the program .

Japanese nurse may have killed 20 patients
However, police have cast doubt on those claims, saying some of the patients who died during that period were not terminally ill. As numerous bodies were cremated before tests could be done, Kuboki may have killed far more people than she admits.

Rafael Nadal edges del Potro to set Novak Djokovic clash — ATP Wimbledon
Del Potro raised his game again, though, claiming his third tie-break success of the match to book his date with Nadal. Nadal broke for 3-2 but had to save break points in the sixth and eighth games before securing a memorable victory.

New Yorkers react to Kavanaugh pick
She said the breakaway Democrats helped Republicans remain in control of the Senate for the past eight legislative sessions. Wade and passing the Reproductive Health Act and the Comprehensive Contraception Coverage Act.

Manafort treated as prison ‘VIP’ with his own bathroom, shower, and phone
Prosecutors say Manafort's almost unlimited access to his lawyers means he should have no problem preparing for the trial. Manafort's not required to wear a prison uniform and isn't confined to a cell from 8:30 a.m.to 10 p.m., Mueller said.

Instagram model attacked by shark in Bahamas
The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers. Now, nurse sharks are largely pretty docile, but it's always worth remembering that they are still sharks.

Four things we learned from FIFA World Cup quarters
The 2018 FIFA World Cup Croatia vs England Semi-final will be played at Luzhniki Stadium in Moscow , Russia. France and Belgium will contest the other last-four tie in Saint Petersburg on Tuesday.

Froome booed as BMC edge Sky in team time-trial
Kiwi rider Patrick Bevin leads BMC Racing through the team time trial course on the Tour de France. We all want to be successful here. "We were close but not quite quick enough".

Americans in UK warned to keep 'low profile' during Trump visit
Next, on July 13, a demonstration has been organised by the " Stop Trump Coalition" with the initial protest movement. Protesters are also expected to show up at Chequers, the prime minister's country residence, and Windsor Castle.

Cardi B And Offset Welcome Their First Cardi BB, Kulture Kiari Cephus
The hip-hop superstars recently disclosed that they were secretly married last September in a private ceremony in their home. She added that they had woken up one morning and "decided to get married". "I also wanted successful".

UK police warn World Cup revellers after "shocking behaviour" at weekend
Police dealt with 387 incidents and were inundated with 999 calls after England's quarter-final victory against Sweden on Saturday.