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Facebook Fined $5 Billion For Breaching Users' Privacy - Phones - Nairaland

Nairaland ForumScience/TechnologyPhonesFacebook Fined $5 Billion For Breaching Users' Privacy (19750 Views)

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Facebook Fined $5 Billion For Breaching Users' Privacy by MGab25(op): 11:40pm On Jul 24, 2019
Social media giant, Facebook has been fined the sum of $5 Billion Dollars by the US Government For Breaching its users’ Privacy.
https://www.yugo.com.ng/wp-content/uploads/2019/07/Mark-Zuckerberg-facebook-2.png

The US Federal Trade Commission said on Wednesday that Facebook has also agreed to review the way they handle their users’ privacy.

Apart from the $5 Billion Fine, Facebook CEO Mark Zuckerberg was asked to make sure the company complies with global privacy measures, to avoid Civil or Criminal Penalties.

FTC Chairman Joe Simons was quoted saying: “Despite repeated promises to its billions of users worldwide that they could control how their personal information is shared, Facebook undermined consumers’ choices.

“The magnitude of the $5 billion penalty and sweeping conduct relief are unprecedented in the history of the FTC.

“The relief is designed not only to punish future violations but, more importantly, to change Facebook’s entire privacy culture to decrease the likelihood of continued violations.”


The $5 Billion fine slammed on Facebook just set a new record as the highest fine ever imposed on a company for breaching its users’ privacy or data, as no other company had ever been fined such amount for privacy breach.
https://www.yugo.com.ng/wp-content/uploads/2019/07/facebook-1.png

The Federal Trade Commission said that the Facebook ‘Tag Suggestions’ Setting was deceptive as Facebook did set the feature to automatically turn on every users’ account, despite stating in its privacy Page that users are required to opt into the Facial Recognition feature before it can be added to their accounts.

The FTC also stated that Facebook asks’ it’s users to provide their phone numbers so that a security feature can be enabled on their accounts, but failed to also inform the users that their phone numbers are being used for advertising purposes too.

Facebook was also asked to create a board which will be responsible for removing “unfettered control by Facebook CEO Mark Zuckerberg over decisions affecting user privacy.”


Read More Here- https://www.yugo.com.ng/facebook-fined-5-billion-for-breaching-users-privacy/
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by MGab25(op):
grin grin

Confirm!

wink

In Other News;


BBNaija Housemate Nelson Exposes His Manhood On Live TV (18+photo)

Watch Here- https://www.yugo.com.ng/bbnaija-housemate-nelson-exposes-his-manhood-on-live-tv-18photo/
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by missimelda01(f): 11:51pm On Jul 24, 2019
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by ForeThinker: 4:33am On Jul 25, 2019
shocked
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by salford1: 4:33am On Jul 25, 2019
That is the total yearly budget of some countries.
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by Le2money(m): 4:34am On Jul 25, 2019
MGab25:
Social media giant, Facebook has been fined the sum of $5 Billion Dollars by the US Government For Breaching its users’ Privacy.
https://www.yugo.com.ng/wp-content/uploads/2019/07/Mark-Zuckerberg-facebook-2.png

The US Federal Trade Commission said on Wednesday that Facebook has also agreed to review the way they handle their users’ privacy.

Apart from the $5 Billion Fine, Facebook CEO Mark Zuckerberg was asked to make sure the company complies with global privacy measures, to avoid Civil or Criminal Penalties.

FTC Chairman Joe Simons was quoted saying: “Despite repeated promises to its billions of users worldwide that they could control how their personal information is shared, Facebook undermined consumers’ choices.

“The magnitude of the $5 billion penalty and sweeping conduct relief are unprecedented in the history of the FTC.

“The relief is designed not only to punish future violations but, more importantly, to change Facebook’s entire privacy culture to decrease the likelihood of continued violations.”


The $5 Billion fine slammed on Facebook just set a new record as the highest fine ever imposed on a company for breaching its users’ privacy or data, as no other company had ever been fined such amount for privacy breach.
https://www.yugo.com.ng/wp-content/uploads/2019/07/facebook-1.png

The Federal Trade Commission said that the Facebook ‘Tag Suggestions’ Setting was deceptive as Facebook did set the feature to automatically turn on every users’ account, despite stating in its privacy Page that users are required to opt into the Facial Recognition feature before it can be added to their accounts.

The FTC also stated that Facebook asks’ it’s users to provide their phone numbers so that a security feature can be enabled on their accounts, but failed to also inform the users that their phone numbers are being used for advertising purposes too.

Facebook was also asked to create a board which will be responsible for removing “unfettered control by Facebook CEO Mark Zuckerberg over decisions affecting user privacy.”


Read More Here- https://www.yugo.com.ng/facebook-fined-5-billion-for-breaching-users-privacy/
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by Ocon: 4:35am On Jul 25, 2019
This money too much oo
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by naijaboy756: 4:35am On Jul 25, 2019
Omor $5bhuh
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by godwinkessi: 4:37am On Jul 25, 2019
If anyone hacks my account I’ll sue them for $50B then they’ll know something

Meanwhile tell this Instagram stupid boys that are claiming that they have nothing to do with Facebook that the owner of Facebook also owns instagram and as a matter fact made the money which he used in buying instagram from Facebook
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by ProfitDomain(m): 4:41am On Jul 25, 2019
You think say US be Naija?
Abegi leave mata!!
missimelda01:
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by hemucology(m): 4:45am On Jul 25, 2019
Hummmmm
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by KingLennon(m): 4:46am On Jul 25, 2019
All facebook users will be the one to pay this money grin. In fact, if you have a facebook account just know that you are owing the US Government
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by eliwa47(m): 4:47am On Jul 25, 2019
This fine is suppose to be shared among the customers/users after all they're the users of Facebook and not the government, am gonna sue Facebook for intruding into m privacy too! lol.
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by b0rn2fuck(m): 4:47am On Jul 25, 2019
Good, over sabbi or na over doing, I hope they won't go down like MySpace of 2002 /2004 and yahoo messenger, na overskill they kill monkey sha
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by princeSammyz: 4:47am On Jul 25, 2019
Collect the money and share 2.3USD for each of us. Otherwise just bone dt thing. We are d victims here
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by EagleNest(m): 4:59am On Jul 25, 2019
This fine is only from US alone can Europe, Asia, Russia, Africa also fine Facebook for the same offence, playing with users privacy.?
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by Ricodine: 4:59am On Jul 25, 2019
Mistook FTC to mean First To Comment (first to comment, chairman �) ... Federal Trade Commission... Nairaland's abbreviations got me �
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by mmadu5(m): 5:09am On Jul 25, 2019
godwinkessi:
If anyone hacks my account I’ll sue them for $50B then they’ll know something

Meanwhile tell this Instagram stupid boys that are claiming that they have nothing to do with Facebook that the owner of Facebook also owns instagram and as a matter fact made the money which he used in buying instagram from Facebook
you will sue them from your rat hole abi
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by InvertedHammer: 5:10am On Jul 25, 2019
/
A few years from now, these morons will understand the real use of Faceapp.

/
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by enemyofprogress: 5:10am On Jul 25, 2019
missimelda01:
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
how e take concern you?are you an American like me?you carry calculator for another person's money tongue tongue
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by Deathisfree: 5:15am On Jul 25, 2019
missimelda01:
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
See Nigerian mentality. Why do you like disgracing your family name ?
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by yjgm(m): 5:15am On Jul 25, 2019
Where are the lawyers?. I need your services before I decide on the next line of action.
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by jasibor(m): 5:28am On Jul 25, 2019
Unfortunately, it wouldn’t make any substantial difference on the corporation’s revenue because they would possibly make far beyond that $5b before the end of the year, but this serves them right though. I love America.
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by Niccoloimhotep(m): 5:44am On Jul 25, 2019
That's insanely outrageous, is it their privacy? cry


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Re: Facebook Fined $5 Billion For Breaching Users' Privacy by jiksman3: 5:51am On Jul 25, 2019
Omo, finally i don blow grin
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by omoadeleye(m): 5:58am On Jul 25, 2019
missimelda01:
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
Uhm... Idk
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by NwaEzefuNaMba(m): 6:00am On Jul 25, 2019
missimelda01:
Hmm but wait, after collecting the fine from Facebook will they compensate the American citizens? Or they'll corner the money angry
The fine was not on behalf of America, rather global.
They were fined by FTC because their company headquarters is located in the United States.
Secondly, nobody will be compensated.
If you seek compassion and have evidence of breach of Privacy agreement, you can sue them to court and claim your damages.
Re: Facebook Fined $5 Billion For Breaching Users' Privacy by namiji2598: 6:18am On Jul 25, 2019
Nawa ooooo



Only in white man land
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