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Facebook slapped with record $5bn fine over privacy breaches

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The FTC, a US government agency, has slapped tech giant Facebook with a record $5bn fine over privacy breaches – 20x more than any privacy fine imposed so far worldwide. Facebook must pay the fine, submit to new restrictions and a revised corporate structure, and set up strong new mechanisms from board-level down that will hold the firm and its execs accountable for their decisions about users’ privacy. Find out more at https://blog.fraudcracker.com/facebook-slapped-with-record-5bn-fine-over-privacy-breaches/

Author: Colette Symanowitz

Director of FraudCracker. Passionate about entrepreneurship, personal branding and networking. I also tweet under @FraudCracker

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