SCANDAL FaceBook FINED Cambridge for 500 000 £



Nordnet Baritof
Nordnet Baritof
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2018-11-14 04:43:02

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SCANDAL FaceBook FINED Cambridge for 500 000  £

Facebook has finally been weaking up with its first fine of £500,000 for Cambridge Analytica to improperly gather and misapply data of 87 million users of facebook.


The fine has been imposed by the UK's Information Commissioner's Office (ICO) and was calculated using the UK's old Data Protection Act 1998 which can levy a maximum penalty of £500,000 — ironically that’s equals to the amount Facebook earns every 18 minutes.

For those unaware, Facebook has been under scrutiny since earlier this year when it was revealed that the personal data of 87 million users was improperly gathered and misused by political consultancy firm Cambridge Analytica, who reportedly helped Donald Trump win the US presidency in 2016.

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