Facebook to Pay $725 Million to settle Lawsuit Over Cambridge Analytica Data Leak

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has agreed to pay $725 million to settle a long-running class-action lawsuit filed in 2018. The legal dispute sprang up in response to revelations that the social media giant allowed third-party apps such as those used by...

Facebook to Pay Hackers for Reporting Data Scraping Bugs and Scraped Datasets

Meta Platforms, the company formerly known as Facebook, has announced that it's expanding its bug bounty program to start rewarding valid reports of scraping vulnerabilities across its platforms as well as include reports of scraping data sets that are available online. "We know that automated...

Facebook Hits Back At Apple’s iOS 14 Privacy Update

Facebook is lambasting an upcoming Apple mobile operating system privacy update, which requires application to ask users for permission before collecting and sharing their data. In the iOS 14 update, Apple iPhone and iPad users have an explicit option to opt out of allowing apps to collect data...

Facebook Privacy Glitch Gave 5K Developers Access to ‘Expired’ Data

Facebook is facing yet another privacy faux pas in how its users’ data is collected and used by third-party apps. The social media giant said that it recently discovered that 5,000 developers received data from Facebook users — long after their access to that data should have expired. In 2018, on...

Facebook's FTC-Mandated Privacy Committee Now in Effect

Facebook on Thursday said it has started to report its privacy practices to a newly formed, independent Privacy Committee. The creation of the independent committee was part of the company’s settlement a year ago with the Federal Trade Commission FTC over data privacy violations, which came in...

Facebook to Pay $550M to Settle Class Action Case Over Facial Recognition

Facebook has agreed to pay $550 million to Illinois users to settle a class action lawsuit filed over the use of its face-tagging technology to collect facial-recognition data on its social media platform. The company unveiled the settlement on a quarterly financial call Wednesday, in which it...

California Adopts Strictest Privacy Law in U.S.

A landmark privacy rights bill took effect Jan. 1, 2020 in California and will have broad implications for U.S. consumers and businesses. The California Consumer Privacy Act CCPA mandates strict requirements for companies to notify users about how their user data will be used and monetized along...

Cambridge Analytica scandal: Facebook hit with $1.6 million fine

By Waqas Brazilian Government is not happy with Facebook over the Cambridge Analytica breach. This is a post from HackRead.com Read the original post: Cambridge Analytica scandal: Facebook hit with $1.6 million fine...

Facebook Security Debacles: 2019 Year in Review

Facebook Security: 2019 Year in Review Facebook spent the past year both trying to deal with the consequences of the Cambridge Analytica scandal that rocked its public relations in 2018, as well as other issues afflicting the social media platform – from data security challenges to political...

Facebook Privacy Breach: 100 Developers Improperly Accessed Data

UPDATE Facebook said that 100 third-party app developers have improperly accessed the names and profile pictures of members in various Facebook groups – data that was restricted in 2018 by the platform after its Cambridge Analytica privacy snafu. Facebook said that the developers – including 11 i...

Facebook Removed Tens of Thousands of Apps Post-Cambridge Analytica

Facebook said it has suspended tens of thousands of apps as part of its ongoing investigation into how third-party apps on its platform collect, handle and utilize users’ personal data. The results of the investigation, launched in March 2018 in response to Facebook’s infamous Cambridge Analytica...

Google Will Now Pay Anyone Who Reports Apps Abusing Users' Data

In the wake of data abuse scandals and several instances of malware app being discovered on the Play Store, Google today expanded its bug bounty program to beef up the security of Android apps and Chrome extensions distributed through its platform. The expansion in Google's vulnerability reward...

Use This Privacy Tool to View and Clear Your 'Off-Facebook Activity' Data

Well, here we have great news for Facebook users, which is otherwise terrible for marketers and publishers whose businesses rely on Facebook advertisement for re-targeted conversations. Following the Cambridge Analytica scandal, Facebook has taken several privacy measures in the past one year wit...

Kostya and Me: How Sam Patten Got Ensnared in Mueller’s Probe

A political consultant crosses paths with Konstantin Kilimnik, Paul Manafort, and Cambridge Analytica, then becomes part of the Russia investigation...

Facebook Agrees to Pay $5 Billion Fine and Setup New Privacy Program for 20 Years

The Federal Trade Commission FTC today officially confirmed that Facebook has agreed to pay a record-breaking $5 billion fine over privacy violations surrounding the Cambridge Analytica scandal. Besides the multibillion-dollar penalty, the company has also accepted a 20-year-long agreement that...

Facebook Agrees to Pay $5 Billion Fine and Setup New Privacy Program for 20 Years

The Federal Trade Commission FTC today officially confirmed that Facebook has agreed to pay a record-breaking $5 billion fine over privacy violations surrounding the Cambridge Analytica scandal. Besides the multibillion-dollar penalty, the company has also accepted a 20-year-long agreement that...

Privacy Experts: Facebook's $5B Fine Unlikely to Do Much

The $5 billion fine that the Federal Trade Commission has slapped on Facebook for privacy violations may be the largest ever levied by the agency, but it’s being derided as “chump change” and ineffective by lawmakers and privacy analysts. The settlement, reported Friday evening, stems from...

Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

After months of negotiations, the United States Federal Trade Commission FTC has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal. The settlement will put an end to a wide-ranging probe that began more than a year ago and...

Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation

After months of negotiations, the United States Federal Trade Commission FTC has approved a record $5 billion settlement with Facebook over its privacy investigation into the Cambridge Analytica scandal. The settlement will put an end to a wide-ranging probe that began more than a year ago and...

Post-Data Breach, British Airways Slapped With Record $230M Fine

UPDATE A record $230 million fine has been proposed against British Airways after a 2018 data breach impacted 500,000 of the airline’s customers. If approved, the fee would be the biggest General Data Protection Regulation GDPR fine to be issued to a company so far. On Monday, the Information...