Facebook has agreed to pay a record-breaking $5 billion fine over privacy violations surrounding the Cambridge Analytica scandal. The company has also accepted a 20-year-long agreement that enforces it to implement a new organizational framework designed to strengthen its data privacy practices and policies. The agreement requires Facebook to set-up an independent privacy committee of Facebook’s board of directors who will be appointed by an independent nominating committee. Facebook will also be required to obtain affirmative consent from its users prior to use facial recognition technology for any new feature for new features.
Source: https://thehackernews.com/2019/07/ftc-facebook-privacy-program.html