Facebook’s UK Cambridge Analytica fine was incredibly small

Facebook’s UK Cambridge Analytica fine was incredibly small

6 years ago
Anonymous $oIHRkISgaL

https://www.theverge.com/2018/10/27/18029694/facebook-uk-fine-cambrige-analytica-charts

Officials said this week that Facebook would face a £500,000 fine from the UK over the Cambridge Analytica scandal, but it was a drop in the bucket for the massive company.

“We considered these contraventions to be so serious we imposed the maximum penalty under the previous legislation,” the head of the UK Information Commissioner’s Office (ICO) said in a statement. As some pointed out this week, however, it will take a tiny amount of time for Facebook to recoup that loss.