Facebook Data Breach

Facebook agrees to pay $5 billion Penalty for privacy violations

25Jul By AnkitaNo Comments

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Facebook agrees to pay $5 billion Penalty for privacy violations

Social media platform Facebook has agreed to pay a whopping $5 billion to the Federal Trade Commission as a penalty for sharing details of its users to the third party, in the largest-ever security fine imposed on any company for disregarding consumer information. In addition to paying the record USD 5 billion in penalty, Facebook has also agreed to submit itself to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its users' privacy. Facebook agreed to all this in order to settle Federal Trade Commission (FTC) charges that the company violated a 2012 FTC order by deceiving users about their ability to control the privacy of their personal information. "Among other matters, our settlement with the FTC requir...

Facebook Shared User Data Access With Airtel & Saavn

4Jul By NitishNo Comments

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Facebook Shared User Data Access With Airtel & Saavn

Social media giant Facebook admitted that they have shared their user's data with Indian telecom company Bharti Airtel and Reliance Jio's music app partner Saavn among others. The social media company said that these all those companies having integration partnerships with Facebook. The integration partners of the company to build ways for Facebook users to receive Facebook or Facebook features on their device or network within platform use policies of the social media firm. "Integration partners were not permitted to use data received through Facebook APIs for independent purposes unrelated to the approved integration without user consent," Facebook said in its submission. According to the information shared by Facebook, its partnership with Airtel is no longer in force. &n...

Facebook Confirms Sharing Users Data with Chinese Companies

6Jun By Lavina TolaniNo Comments

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Facebook Confirms Sharing Users Data with Chinese Companies

Facebook has informed that it had data sharing agreements with four Chinese consumer makers including Huawei Technologies Co. that has sparked privacy concerns yet again where the social media company has repeatedly failed to explain how personal information flows beyond Facebook. The agreements were signed back in 2010 and the Huawei deal would end by a weekend, said Facebook. Other companies that had collaboration with Facebook over data sharing include Lenovo, Oppo and TCL. The agreement with Chinese companies allowed them to retrieve detailed information on both device users as well as that of friends-including religious and political leanings, education, work and relationship status, stated The New York Times yesterday. A leading financial daily said in its report, The dea...

Facebook Responds to Indian Government Notice over Data Breach

12May By Lavina TolaniNo Comments

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Facebook Responds to Indian Government Notice over Data Breach

Social Media company Facebook which has been in "hot waters" for a while now has responded to Indian government's latest notice on alleged data breach outlining in detail the “changes made” to protect users’ information. The U.K based data firm, Cambridge Analytica, on the other hand, is yet to send a formal response to Government's second notice as informed by an IT official. Once the replies from both the parties get sought, a view will be taken and reviewed for examination. Meanwhile, a representative from Facebook said in an email statement, "We are committed to protecting people's information and safeguarding the integrity of elections in India." We hope we have helped to answer important questions about the changes we have made to further protect users information as well as e...

Facebook Data Scandal Firm Cambridge Analytica is Shutting Down

3May By Sheldan RungasamyNo Comments

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Facebook Data Scandal Firm Cambridge Analytica is Shutting Down

Cambridge Analytica, the British political consulting firm that was severely criticized and blamed responsible for extracting personal information from over 87 million Facebook users for ad targeting during the 2016 US Elections, announced that it was shutting down the company. The company still claims innocence to the allegations but states that the reason for shutting down operations is due to the negative media coverage that made it lose its clientele as well as the excessive legal fees it has to pay due to the scandal it got involved in. “Despite Cambridge Analytica’s unwavering confidence that its employees have acted ethically and lawfully, the siege of media coverage has driven away virtually all of the company’s customers and suppliers,” the company released in a statement. “As ...

Indian Government Issues Notice to Cambridge Analytica Against Data Breach

24Mar By Lavina TolaniNo Comments

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Indian Government Issues Notice to Cambridge Analytica Against Data Breach

While Facebook data leak controversy is still in hot waters, the Centre has sent a six-point notice to British political firm Cambridge Analytica seeking answers on whether it is involved in any projects that include the use of private data of Indian citizens in any form. The Ministry of Electronics and Information Technology has issued a notice against the data mining company which has been previously accused of stealing data of about 50 million Facebook users in order to influence United States Presidential Elections in 2016. In addition, Cambridge Analytica is also defamed for influencing elections results via illegal modes such as bribes, fake news and political contacts in many countries. The government has asked the company to reveal full details on how it has been using the da...