First Financial Penalty for Facebook: UK Slaps Maximum Fine Over Cambridge Analytica Scandal
https://wccftech.com/facebook-maximum-fine-uk/
The Silicon Valley tech giant is facing its first financial penalty as the United Kingdom has imposed the maximum penalty of £500,000 (around $664,000) over Facebook’s Cambridge Analytica data misuse scandal.
The UK’s data protection watchdog, the Information Commissioner’s Office, has found the company lacking sufficient privacy protections and failing to catch third party companies like Cambridge Analytica misusing its users’ data despite warnings. “The social network has yet to decide if it will to try to reduce the sum,” BBC reported this evening.