Technology
Facebook agrees to pay fine to UK over Cambridge Analytica
London, Oct 30
Facebook has agreed to pay 500,000 pound fine as part of a settlement with UK's data protection watchdog over the Cambridge Analytica scandal.
In 2017, the UK's Information Commissioner's Office (ICO) commenced a formal investigation into the misuse of personal data in political campaigns.
The social networking giant had initially appealed the penalty. The ICO then pursued its own counter-appeal.
But finally, Facebook has agreed to pay the 500,000 pound fine but has made no admission of liability in relation to the fine.
"The ICO welcomes the agreement reached with Facebook for the withdrawal of their appeal against our Monetary Penalty Notice and agreement to pay the fine," said James Dipple-Johnstone, Deputy Commissioner of the ICO.
"The ICO's main concern was that UK citizen data was exposed to a serious risk of harm. Protection of personal information and personal privacy is of fundamental importance, not only for the rights of individuals, but also as we now know, for the preservation of a strong democracy."
"We are pleased to hear that Facebook has taken, and will continue to take, significant steps to comply with the fundamental principles of data protection," Dipple-Johnstone said.
Facebook said it wished it had "done more to investigate claims about Cambridge Analytica in 2015."
"We are pleased to have reached a settlement with the ICO," said Harry Kinmonth, Director and Associate General Counsel, Facebook.
In 2017, the UK's Information Commissioner's Office (ICO) commenced a formal investigation into the misuse of personal data in political campaigns.
The social networking giant had initially appealed the penalty. The ICO then pursued its own counter-appeal.
But finally, Facebook has agreed to pay the 500,000 pound fine but has made no admission of liability in relation to the fine.
"The ICO welcomes the agreement reached with Facebook for the withdrawal of their appeal against our Monetary Penalty Notice and agreement to pay the fine," said James Dipple-Johnstone, Deputy Commissioner of the ICO.
"The ICO's main concern was that UK citizen data was exposed to a serious risk of harm. Protection of personal information and personal privacy is of fundamental importance, not only for the rights of individuals, but also as we now know, for the preservation of a strong democracy."
"We are pleased to hear that Facebook has taken, and will continue to take, significant steps to comply with the fundamental principles of data protection," Dipple-Johnstone said.
Facebook said it wished it had "done more to investigate claims about Cambridge Analytica in 2015."
"We are pleased to have reached a settlement with the ICO," said Harry Kinmonth, Director and Associate General Counsel, Facebook.
14 minutes ago
U.S. forces withdraw 17 of 20 American medical personnel from Gaza
22 minutes ago
Beijing responds to US warnings about its assistance for Russia by claiming military collusion with Taipei.
41 minutes ago
Coalition unites in fight against hate crimes; Hindu American Foundation joins
46 minutes ago
Sanket Jayshukh Bulsara, an Indian-American, has been confirmed as a district judge by Senator Schumer.
51 minutes ago
Nature lovers are invited by the Indian mission in New York to visit Chilika Lake in Odisha.
1 hour ago
White House Praises India’s Vibrant Democracy Amid Recent Diplomatic Dialogue
1 hour ago
'Taarak Mehta' star Deepti Sadhwani shines in thigh-high slit gold sequin gown at Cannes
1 hour ago
Janhvi Kapoor showers praise on 'Superstar Singer 3' contestant's 'Tumse Milke Dil Ka' act
1 hour ago
Farah Khan reveals her children are huge fans of 'Chhota Bheem'
1 hour ago
Cotton t-shirts, shorts, sneakers are Pooja Hegde's summer choices
1 hour ago
Puneet Issar took help of his son for shooting virtually from Seattle for 'Vanshaj'
1 hour ago
Influencer Aastha Shah flaunts her vitiligo on Cannes red carpet
1 hour ago
India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant