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Facebook fined for its part in Cambridge Analytica scandal

The U.K.'s Information Commissioner's Office announced Tuesday that Facebook will be fined £500,000 (roughly $660,000) for its role in the Cambridge Analytica data-collecting scandal.

The ICO is giving Facebook the maximum fine possible for two breaches of the Data Protection Act, saying Facebook did not safeguard user information and was not transparent regarding how data was harvested by others. "Fines and prosecutions punish the bad actors, but my real goal is to effect change and restore trust and confidence in our democratic system," Information Commissioner Elizabeth Denham said.

Erin Egan, Facebook's chief...

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News Posted By: theweek - Tuesday, 10 July, 2018