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Report: Federal Trade Commission Weighs Facebook Fine

The U.S. Federal Trade Commission is close to concluding its investigation into Facebook over the Cambridge Analytica scandal, the Washington Post reports. Facebook has been bound by an agreement with the FTC stemming from previous privacy missteps, including sharing data without consent. It’s unclear when any announcement might occur, however, as the FTC is not open due to the government’s partial shutdown. A Sydney-based Facebook official told Information Security Media Group that the company has no comment on the report. In October, the U.K. Information Commissioner’s Office levied its maximum possible fine of 500,000 ($645,000) against Facebook.”]

Source: https://www.cuinfosecurity.com/report-federal-trade-commission-weighs-facebook-fine-a-11956

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