You are here: Home » Companies » News
Business Standard

Facebook faces 'record fine' from US regulators over privacy violations

The highest financial penalty ever imposed by FTC was $22.5 million on Google in 2012 for privacy violations, and the Facebook fine is 'expected to be in the excess of that'

Topics
Google  |  Facebook  |  Mark Zuckerberg

IANS  |  Washington 

Facebook

is facing a "record-setting" fine from the US Federal Trade Commission (FTC) over its handling of user data and violations.

According to a report in The New York Times citing sources late Friday, the FTC "is in the advanced stages of its investigation into whether violated rules and is expected to seek large fines from the company".

The highest financial penalty ever imposed by FTC was $22.5 million on in 2012 for violations, and the fine is "expected to be in the excess of that", according to The Washington Post.

In April 2018, Facebook CEO was called to testify before after British political consulting firm Cambridge Analytica gained access to data of nearly 87 million users without permission.

In December, Facebook refuted a New York Times report that claimed it allowed large technology and popular apps like or Spotify access to its users' personal information.

Facebook said it did not give large tech access to people's data without their permission as its integration partners "had to get authorisation from people".

Another New York Times report in late December claimed that thousands of Facebook content moderators rely on inaccurate and disorganised information to determine what content to allow or remove from its platform, accusing the platform of being "ad hoc", "disorganized", "secretive", and doing things "on the cheap".

Facebook also admitted a security breach in September last year that impacted nearly 50 million users.

The FTC and Facebook are yet to comment on the report.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sat, January 19 2019. 09:44 IST
RECOMMENDED FOR YOU
.