Facebook may be imposed with a record-setting fine for its privacy lapses
FirstpostFTC is considering hitting Facebook with a penalty that would top its previous fine of $22.5 mn. Facebook may be facing the biggest fine ever imposed by the US Federal Trade Commission for privacy violations involving the personal information of its 2.2 billion users. The FTC is considering hitting Facebook with a penalty that would top its previous record fine of $22.5 million, which it dealt to Google in 2012 for bypassing the privacy controls in Apple’s Safari browser, according to The Washington Post. The potential fine stems from an FTC investigation opened after revelations that data mining firm Cambridge Analytica had vacuumed up details about as many as 87 million Facebook users without their permission. The FTC decree, which runs through 2031, requires Facebook to get its users’ consent to share their personal information in ways that aren’t allowed by their privacy settings.