US authorities fined Facebook $ 5 billion due to interference in the election of 2016 of the year - ForumDaily
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US authorities have fined Facebook $ 5 billion due to interference in the election of 2016 of the year

The regulator approved a record fine in the amount of 5 billion dollars for the company Facebook in the framework of the case of Cambridge Analytica, which investigates violations during the transfer of confidentiality of data, writes about it with the BBC.

Фото: Depositphotos

The US Federal Trade Commission estimated that Cambridge Analytica, a British consulting company, violated the rules and received data on 87 million social network users.

Facebook and the Federal Trade Commission reported that they have no comments on this issue.

This week, the agreement was approved by three out of five members of the commission. The US Department of Justice must make a final decision. How long this will take is not yet clear.

On the subject: Former US President Carter has said that Trump is in power thanks to the "Russian intervention"

The Federal Trade Commission launched an investigation into Facebook last March. She had to find out if the company had violated obligations to protect and store personal data after Cambridge Analytica had access to data from tens of millions of social network users.

The company Cambridge Analytica is accused of improper use of personal information in the interests of its clients from political circles. Facebook CEO Mark Zuckerberg in March 2018 of the year acknowledged that the social network made several mistakes, which as a result led to the fact that the personal data of millions of users were used by political technologists.

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The fact that the US Federal Trade Commission this week approved an agreement with Facebook worth about 5 billion dollars. On the news of the deal, Facebook shares jumped by 1,8%.

Several influential Democratic lawmakers condemned this decision.

The amount corresponds to the estimates of Facebook, earlier this year the company said it expects a fine of up to 5 billion dollars.

If the information is confirmed, it will be the largest fine ever paid by a technology company of the US Federal Trade Commission.

Recall that Facebook blocked Cambridge Analytica for collecting user data in violation of social network rules.

On the subject: Facebook wants to follow users and is willing to pay for information.

Cambridge Analytica analyzes data in social networks to develop strategic communications for election campaigns, including, possibly, for Donald Trump’s presidential campaign.

According to Facebook, in 2015, Alexander Kogan, a Russian-speaking psychology professor at the University of Cambridge, through the “This is your digital life” application he created on a social network platform, which was supposed to be a psychological portrait of a user, passed on 270 to thousands of Facebook users to third parties, including and Cambridge Analytica.

Read more about this scam in our material.As a scientist from Russia, stole and sold the data of millions of Facebook users".

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