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Facebook to be fined $871,000 after letting Cambridge Analytica mine users’ data

Published: July 11, 2018
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Source: global news CA

Mark Zuckerberg testifies before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington, Tuesday, April 10, 2018, about the use of Facebook data to target American voters in the 2016 election. AP Photo/Alex Brandon

 

Facebook is facing its first financial penalty for allowing the data-mining firm Cambridge Analytica to forage through the personal data of millions of unknowing Facebook users.

A U.K. government office announced its intention to fine Facebook 500,000 pounds (C$871,325), the maximum possible, for failing to safeguard that user information.

The penalty is a pittance for Facebook.

But it would represent the first tangible punishment for the company’s privacy scandal, which tarnished its reputation, temporarily pushed down its shares and forced CEO Mark Zuckerberg to testify before Congress, but otherwise had few lasting repercussions.

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Related:

UK's privacy watchdog wants to fine Facebook £500,000 over Cambridge Analytica scandal [rt.com]

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