21 Apr German Privacy Watchdog Derails Facebook’s Damage Control
It was reported last Friday that Hamburg’s Data Protection Commissioner, Johannes Caspar, had reportedly filed a non-compliance procedure against Facebook in relation to the alleged data abuse involving Cambridge Analytica.
The case could potentially penalize Facebook up to $370,000, which is said to be an insignificant amount to the social network who earned around $40 billion last year. Caspar’s spokesman Martin Schemm says that they will first wait on Facebook’s statement before the hearings are started.
However, the case is seen to be a warning shot ahead of EU’s new data privacy rules where penalties could go up to 4% of worldwide revenues for serious violations.
Source: Reuters