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.
1 hour ago
Vietnam boat accident: TN govt extends full support to victims and families
2 hours ago
Kerala couple among 15 Indians killed in Vietnam boat tragedy
3 hours ago
FIFA WC: 'Haaland is unstoppable in the box,' says Vieri ahead of Norway vs England quarterfinal
3 hours ago
FIFA WC: When and where to watch Argentina vs Switzerland, know all details
5 hours ago
Boat carrying Indian tourists capsizes in Vietnam, several killed
7 hours ago
Courtroom drama was on Kajal Aggarwal’s radar for a long time
7 hours ago
Television actor Rohit Chandel arrested for allegedly stalking, harassing a minor
7 hours ago
Matt Damon wants to collaborate with Shekhar Kapur
8 hours ago
India ranks 1st in milk production, 2nd in mobile, 3rd in auto globally: PM Modi in New Zealand
8 hours ago
Onion prices jump in Chennai as Maharashtra supply drops, traders warn of further rise
8 hours ago
FSSAI slaps Swiggy Instamart with 9 notices following consumer complaints
8 hours ago
Sabarimala Tantri designate opts out, cites ill health
8 hours ago
Correct script, pronunciation: Centre issues fresh guidelines for National Song, National Anthem
