Privacy Advocate Says Facebook Could be Fined “Trillions”

Privacy Advocate Says Facebook Could be Fined “Trillions”

In a recent interview with CNBC, online privacy advocate Michael Fertik said that Facebook could potentially face fines up to $2 trillion if the Federal Trade Commission decides that the Cambridge Analytica data scandal had violated the consent decree the social network signed seven years ago.

The Reputation.com founder was referring to a 2011 settlement where Facebook agreed to be fined $40,000 for every instance that it shares and makes public data which it tells users will be kept private on the platform.

Fertik also called against Facebook’s click-to-consent agreement which includes a 1000-word document and urged Zuckerberg to display privacy controls in plain English, all in one place, right in the middle of the user’s feed upon log in.

Source: CNBC

Disini & Disini Law Office
info@privacy.com.ph