According to a new report from The Washington Post published Friday , regulators at the US Federal Trade Commission are considering hitting Facebook with a "record-setting" fine over user privacy concerns.
The FTC is reportedly considering hitting Facebook with a 'record-setting' fine over privacy issues (FB)
Facebook's privacy nightmare may be about to get worse.
There's no word yet on exactly how big this record-breaking fine might be, but the Washington Post's report said it is "expected to be much larger" than the previous record fine, a $22.5 million penalty against Google.
A Facebook spokesperson did not immediately respond to a request for comment. The FTC is not available for comment due to the ongoing partial government shutdown.
In March 2018, the FTC confirmed that it was investigating Facebook's privacy practices following the Cambridge Analytica scanda, in which tens of millions of users' data was misappropriated by a political research firm.
This story is developing...
Do you work at Facebook? Got a tip? Contact this reporter via Signal or WhatsApp at +1 (650) 636-6268 using a non-work phone, email at rprice@businessinsider.com, Telegram or WeChat at robaeprice, orTwitter DM at @robaeprice . (PR pitches by email only, please.) Youcan also contact Business Insider securely via SecureDrop .
See Also:
- Most Facebook users don't know that the site uses their interests for targeted ads, a new Pew survey says
- Apple has reportedly hired a fierce Facebook critic after repeatedly attacking the firm's 'industrial' data hoarding
- Hey Apple, what happens on iPhones doesn't stay there, and your 'clever' CES ad is promoting a dangerous illusion