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Facebook will pay a fine of $ 5 billion.

02.08.2019 Francis Patterson 0 Comments

Facebook will pay a fine of $ 5 billion.

Company management has already agreed to one of the largest fines in history.

A lengthy investigation related to the leak of personal data of users of the social network has been completed. Facebook agreed to pay an astronomical fine of $ 5 billion, officials from the US Federal Trade Commission said.

Roskomnadzor called the date of the likely blocking of Facebook in Russia

This is the price of a massive data leak, when information about more than 80 million accounts was at the disposal of Cambridge Analytica, and without the consent of the users themselves. This data was collected in order to predict the decisions of voters during the election of the US President.

In addition, Facebook pledged to fundamentally change the policy for protecting data privacy – this should be personally monitored by Mark Zuckerberg, the head of the company.

$ 5 billion is one of the biggest fines in history. And – the largest, imposed for a violation in the field of data security. However, it is unlikely that the fine will seriously affect Facebook – this is the equivalent of the company's revenue in just 1 month.

Initially, the US Federal Trade Commission was going to fine Facebook for a much larger amount, as well as bring Mr. Zuckerberg to justice.

We remind you that earlier Steve Wozniak, co-founder of Apple, called on Facebook users to leave the social network.

Source: CNET

See also:

Steve Wozniak calls for retirement from Facebook European Council President sees threat to humanity in Apple, Google, Amazon and Facebook

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