Facebook respond to facing £500k fine over Cambridge Analytica scandal

Geraldine Edwards
July 13, 2018

It promised another update in October.

It has also issued an Enforcement Notice for SCL Elections Ltd (the parent company of Cambridge Analytica) to compel it to deal properly with a subject access request from Professor David Carroll; and will pursue a criminal prosecution for SCL Elections Ltd for failing to properly deal with the ICO's Enforcement Notice. The UK's early efforts could inform ongoing investigations elsewhere in Europe as well as the United States, where a probe by the Federal Trade Commission could result in a penalty well into the hundreds of billions of dollars. Facebook is now facing inquiries by the U.S. Justice Department, the Securities and Exchange Commission and the Federal Trade Commission.

Charity Privacy International said that regulators were getting tougher on Facebook.

In addition, the regulator said it meant to bring a criminal action against Cambridge Analytica's defunct parent company SCL Elections.

Facebook still has a chance to respond to the ICO before the watchdog makes its final decision.

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Facebook could face a hefty compensation bill in Australia after a leading litigation funder lodged a complaint with the country's privacy regulator over users' personal data shared with a British political consultancy.

Appearing before a U.S. parliamentary committee, Zuckerberg apologised for an oversight which allowed the "personality quiz" to mine the information of users.

Cambridge Analytica used data from millions of Facebook accounts to help Donald Trump's 2016 presidential election campaign.

The social media giant has said it has since identified 200 other apps which may have been used the same way, and is investigating. The chair of the parliamentary inquiry Damian Collins said that other apps could also have collected data on users in a similar way to the Cambridge Analytica data. Kosinski, however, says Facebook knew all about his research.

The British agency said it is still weighing potential penalties against Kogan as well as Alexander Nix, the former chief executive of Cambridge Analytica.

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"Facebook users will be rightly concerned that the company left their data far too vulnerable to being collected without their consent by developers working on behalf of companies like Cambridge Analytica". That's because the action against the social media behemoth was brought under the UK's 1998 Data Protection Act.

The information commissioner closes most investigations in a year, so International Monetary Fund said it may be some time before it decides whether to pursue a lawsuit or not - with Landis adding it may wait for regulatory investigations in the European Union and Britain to conclude before making a move.

Neither would be the first class action Facebook is fighting over this issue.

This means it would take just less than 18 minutes to pay off the fine, Business Insider calculated.

It has said that it plans to carry out audits of the main credit reference companies and Cambridge University's Psychometrics Centre. The fine is for breaches of the UK's data protection policy as Facebook didn't ensure users' personal data was deleted when it should have been. Tony Romm and Elizabeth Dwoskin wrote this story.

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