Published: Wed, July 11, 2018
Global | By Shelia Dennis

Watchdog urges record £500000 fine for Facebook over Cambridge Analytica data scandal

Watchdog urges record £500000 fine for Facebook over Cambridge Analytica data scandal

The fine - the maximum amount allowed - comes after revelations that as many as 87 million Facebook users had their data improperly shared with Cambridge Analytica, a digital consultancy with ties to the Trump campaign.

On Wednesday, the Information Commissioner's Office (ICO) proposed a £500,000 fine for the social media giant.

It also said it would send warning letters to 11 political parties to compel them to audit their data protection practices.

Facebook has said it will be reviewing the report and responding to the ICO soon.

"We have been working closely with the Information Commissioner's Office in their investigation of Cambridge Analytica, just as we have with authorities in the USA and other countries", he added.

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According to Shabooneh, a local news website, three other individuals were also released on bail after receiving similar charges. Instagram, like many other social networks (Facebook, Twitter , YouTube, Telegram), undergo periodic interlocks in the country.

The ICO added that it plans to issue Facebook with the maximum available fine for breaches of the Data Protection Act - an equivalent of US$660,000 or €566,000. The commissioner's office identified one of the companies, Emma's Diary, as being used by the British Labour Party, BBC said.

"We are fully cooperating with the investigation now under way by the Australian Privacy Commissioner and will review any additional evidence that is made available when the UK Office of the Information Commissioner releases their report", the spokeswoman said.

The ICO is also planning audits of the main credit reference companies and Cambridge University Psychometric Centre, and ordered Canadian data slurpers Aggregate IQ to stop processing data retained on United Kingdom citizens.

In a roughly 40-page report, British regulators faulted Facebook for allowing Cambridge University researcher Aleksandr Kogan to build an app that collected data about Facebook users as well as their friends on behalf of Cambridge Analytica.

Facebook's revenue past year totalled $40.7bn (£30.7bn), so half a million pounds.

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Others say the ongoing trade war between the USA and China has spooked investors from putting money in Chinese companies. The company had also expected to split its listing with another offering on mainland China, but cancelled that.

The ICO began by examining the use of personal data by campaigns on both sides of the European Union referendum.

David Carroll, an academic who is attempting to recover his data from Cambridge Analytica, said the report strengthened his legal challenge.

Under Australian law, all organizations must take "reasonable steps" to ensure personal information is held securely and IMF Bentham has teamed up with a major law firm to lodge a complaint with the Office of the Australian Information Commissioner (OAIO). "Trust and confidence in the integrity of our democratic processes risk being disrupted because the average voter has little idea of what is going on behind the scenes", Denham said.

Damian Collins, the chairman of the UK Parliament's media committee, said Wednesday that the company "should now make the results of their internal investigations known to the ICO, our committee and other relevant investigatory authorities".

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" Tropical storm Chris is predicted to become a hurricane and move north over the next few days". The hurricane is expected to strenghten over the next two days.

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