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It is reported today that Facebook is threatened with its first financial penalty for the improper access of millions of people by Cambridge Analytica: a preliminary fine of 500,000 pounds or US $ 664,000, the maximum penalty Authorized, after a survey by UK regulators found that Facebook has not managed to put in place fairly strict measures of privacy.
USA Today Erin Egan, chief privacy officer of Facebook, says Facebook acknowledges that she should have done more to investigate the allegations regarding Cambridge Analytica.
More specifically, Egan noted that "we have worked closely with the OIC in their investigation of Cambridge Analytica, just as we have done with the US and US authorities. Other countries .ICO soon. "
In his investigation, the Office of the Information Commissioner said that Facebook" had not been transparent "as to how the data on people were collected. The results suggest that Cambridge Analytica spillovers could spread.
A Facebook investigation is underway by the Federal Trade Commission, which could result in a penalty in hundreds of billions of dollars . The FBI and the Securities and Exchange Commission are also studying Facebook's connections with Cambridge Analytica.
Facebook will have the opportunity to respond to the findings before a final decision is made, the Office of the Information Commissioner said:
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