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The UK Data Protection Agency is planning to fine GBP 500,000 on Facebook for collaborating with Cambridge Analytica and the flow of users' personal data.
This is reported Wednesday by Deutsche Welle.
"The Facebook Internet company will be forced to pay the first levy of millions of users through collaboration with the British company Cambridge Analytica On Wednesday, July 11, the head of the British office of the commissioner at the Information, Elizabeth Denham, has announced that she will charge a fine of GBP 500,000 (EUR 565,000) from Facebook, "the statement said.
Agency employees found violations of UK data protection law by Facebook. According to a Bureau representative, the US Internet giant did not guarantee the security of its users' personal information and was not transparent enough about third party data collection.
It was reported that in the spring of this year, it became known that analytic analytics company Analytica collected data from Facebook's social network users. These data were used to include political advertising during the US presidential campaign, as well as a referendum on the UK's exit from the European Union in 2016. At least 87 million users of social networks have been victims of abuse.
The current fine imposed on Facebook is not expected to be a crushing financial burden for a company that has earned only about $ 12 billion in the first quarter of this year. To pay 500,000 pounds, the business will need seven minutes of work.
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