UK watchdog hands Facebook maximum $500K fine over Cambridge Analytica data breach98.87

The U.K. Information Commissioner’s Office (ICO) has confirmed that it has hit Facebook with a maximum $500,000 ($645,000) fine around the way it mishandled user data following the Cambridge Analytica scandal earlier this year.

The ICO announced its intention to hand Facebook the fine back in July and it said today that it had not changed its mind after hearing the social network’s responses to key questions raised. While $500,000 is a drop in the ocean for the U.S. company, it represents the maximum allowable punishment under UK law, which is the significant part to focus on here.

Original source
https://techcrunch.com/2018/10/25/uk-watchdog-hands-facebook-500k-fine/

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