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Judge Approves FTC’s $5 Billion Settlement With Facebook

Judge Timothy J. Kelly of the U.S. District Court for the District of Columbia announced his final approval of the settlement Friday. Facebook and the FTC reached the settlement in July 2019, but it was subject to judicial approval. Facebook agreed to implement measures to protect personal information, including the formation of an independent privacy committee and submission of quarterly and annual reports to the FTC to ensure compliance. Facebook’s Chief Privacy Officer Michel Protti said the agreement has already brought “fundamental changes” to the company.”]

Source: https://www.careersinfosecurity.com/judge-approves-ftcs-5-billion-settlement-facebook-a-14187

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