Security News > 2019 > April > Facebook Takes $3 Billion Hit, Anticipating FTC Fine

Facebook Takes $3 Billion Hit, Anticipating FTC Fine
2019-04-25 12:33

Questions Loom About Whether Big Fines Will Prompt Privacy ReformFacebook has set aside $3 billion from its first quarter profit to pay for what is likely to be a record-breaking fine from the U.S. Federal Trade Commission. But will mega-fines lead to the reform of tech giants' questionable privacy and security practices?


News URL

https://www.inforisktoday.com/facebook-takes-3-billion-hit-anticipating-ftc-fine-a-12414

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Facebook 29 0 11 46 54 111
Billion 2 0 1 6 3 10