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FTC approves a record $5 billion settlement with Facebook over Cambridge Analytica scandal

The United States Federal Trade Commission (FTC) has approved a record $5 billion settlement with Facebook over the Cambridge Analytica scandal. The final approval will arrive in the coming weeks from the US Justice Department, that usually approves settlements reached by the FTC. The settlement obliged the company to review its privacy practices. In April 2018, Facebook revealed that 87 million users have been affected by the scandal, much more than 50 million users initially thought to be affected. The company allowed to access to the personal data of around 87 million Facebook users without their explicit consent.”]

Source: https://securityaffairs.co/wordpress/88333/social-networks/ftc-facebook-fine-cambridge-analytica.html

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