Home Technology 15 Times Companies Had to Pay Up for Alleged Privacy Blunders

15 Times Companies Had to Pay Up for Alleged Privacy Blunders

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15 Times Companies Had to Pay Up for Alleged Privacy Blunders

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Meta, the corporate previously generally known as Facebook, holds the undesirable title of undisputed privateness settlement king, and no different firm actually even comes shut.

The Federal Trade Commission, which is presently investigating Meta on antitrust grounds, slapped the corporate with a $5 billion penalty in 2019—the most important of its variety—following a prolonged probe into its privateness practices stemming from the corporate’s infamous 2018 Cambridge Analytica scandal, the place as many as 50 million customers reportedly had their private information improperly obtained by the GOP aligned political analytics agency.

Despite the attention grabbing effective, two of the FTC’s 5 commissioners on the time fervently opposed the effective claiming it didn’t go far sufficient. In her dissenting statement, Democratic commissioner Rebecca Slaughter mentioned she didn’t imagine the effective was a enough deterrent to cease Facebook from participating in dangerous privateness practices.

“The negotiated civil penalty is insufficient under the applicable statutory factors we are charged with weighing for order violators: injury to the public, ability to pay, eliminating the benefits derived from the violation, and vindicating the authority of the FTC,” Slaughter wrote.

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https://gizmodo.com/meta-twitter-tiktok-privacy-lawsuit-1849470978