Facebook expected to settle with FTC today, paying $5bn over data handling and agreeing to new controls

Nicholas Fearn
clock • 2 min read

The FTC is expected to announce the agreement on Wednesday

Facebook will today agree to pay a $5 billion fine over its insoucient handling of user data, and to implement a wide range of new internal controls.  The agreement has been made with the US Fed...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Meta faces $596 million Spanish lawsuit for GDPR violation

Law

The giant also faces further reputational damage in the US, as an academic claims that Meta used its financial heft to block her constitutional right to free speech

clock 05 December 2023 • 2 min read
Second Meta whistleblower testifies about failure to protect teens

Privacy

Arturo Béjar voiced his frustration with the lack of action taken by Meta to address the harm experienced by teenagers on their platforms.

clock 08 November 2023 • 3 min read
33 US states sue Meta over youth mental health crisis

Legislation and Regulation

They accuse the company of putting profit ahead of safety 

clock 25 October 2023 • 2 min read

More on Security

Downtime for defenders means party time for attackers

Downtime for defenders means party time for attackers

Adversaries do not keep to a typical working schedule

clock 30 November 2023 • 1 min read
Only one arrest was made

Cybercops bust ransomware gang that made "hundreds of millions"

International operation nabs gang of corporate ransomware hackers, but only one arrest is made

clock 29 November 2023 • 3 min read
UK cyber intelligence leads international standard on safe AI software development

UK cyber intelligence leads international standard on safe AI software development

Agreement represents a 'truly global effort' to ensure security by design

clock 28 November 2023 • 2 min read