Security News > 2019 > July > FTC wants Facebook to boost accountability and transparency, imposes $5 billion penalty

Facebook has to pay a $5 billion penalty and submit to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its users’ privacy, to settle Federal Trade Commission charges that the company violated a 2012 FTC order by deceiving users about their ability to control the privacy of their personal information. (Among other things, the 2012 order prohibited Facebook from making misrepresentations about the privacy … More → The post FTC wants Facebook to boost accountability and transparency, imposes $5 billion penalty appeared first on Help Net Security.

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