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FTC confirms USD 5 bln fine and 20-year compliance agreement for Facebook privacy violations

2019-07-24 15:28:00| Telecompaper Headlines

(Telecompaper) The US Federal Trade Commission has confirmed a record USD 5 billion fine against Facebook for violating customers' privacy. The regulator also imposed a new compliance regime on the company, valid for 20 years, in order to ensure Facebook and its apps no longer abuse personal data of customers. 

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US FTC approves USD 5 bln fine for Facebook data violation - report

2019-07-15 08:52:00| Telecompaper Headlines

(Telecompaper) The US Federal Trade Commission has approved a fine of USD 5 billion on Facebook for violating the personal data privacy agreement it reached with the US government in 2011/2012, Reuters reported. The fine follows the Cambridge Analytica incident of 2018, when Facebook shared data belonging to 87 million of its users. The settlement would be the largest civil penalty ever paid to the agency, but a number of lawmakers said the penalty was not high enough. 

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Facebook set for $5bn fine over Cambridge Analytica scandal

2019-07-14 02:00:00| Total Telecom industry news

The US’ Federal Trade Commission is to fine Facebook $5 billion, over the way it mishandled its customers data during the much publicised Cambridge Analytica scandal of 2018. The FTC will level the record breaking fine at Facebook for the company&rsquo…read more on TotalTele.com »

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UK watchdog plans to fine Marriott 99m

2019-07-09 17:25:49| BBC News | Business | UK Edition

The UK's data privacy regulator has said it plans to fine the US hotel group for a data breach.

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British Airways faces record 183m fine for data breach

2019-07-08 09:45:32| BBC News | Business | UK Edition

The airline is contesting the penalty imposed by the watchdog after hackers breached its IT systems.

Tags: data record fine british

 

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