topic Re: How about this as a fine for Facebook 5Billion, if it is approved? in Privacy

How about this as a fine for Facebook 5Billion, if it is approved?

Caute_cautim — Sun, 14 Jul 2019 01:01:43 GMT

Hi All

Yes, we seen British Airways fined this week, for GDPR transgressions, but will Facebook even sniff at this potential fine? https://www.foxnews.com/opinion/jim-hanson-reported-5b-facebook-settlement-is-well-deserved-punishment-for-abuses-of-user-privacy

Regards

Caute_cautim

Re: How about this as a fine for Facebook 5Billion, if it is approved?

AppDefects — Mon, 15 Jul 2019 18:38:20 GMT

Having experienced a reference backlash in the past I have to say, Fox News as a reference? <cough, cough> You take the cake! Hopefully, the FTC will make it official soon...

Re: How about this as a fine for Facebook 5Billion, if it is approved?

denbesten — Mon, 15 Jul 2019 18:19:08 GMT

The concerning thing I noticed was that the URL contains /opinion/.

Re: How about this as a fine for Facebook 5Billion, if it is approved?

Caute_cautim — Mon, 15 Jul 2019 19:24:29 GMT

@denbesten I actually like this piece:

https://www.scmagazine.com/home/security-news/privacy-compliance/facebook-to-pony-up-5-billion-in-ftc-settlement/?utm_source=newsletter&utm_medium=email&utm_campaign=SCUS_Newswire_20190715&hmSubId=ZK87kHs9IPI1&email_hash=e218d015fde22c2df6dc686cc6b0add0&mpweb=1325-9206-127726

But as others have stated, this is peanuts to Facebook - another zero would sharpen up their act somewhat.

With opinion not mentioned. However it did mention this which was interesting, given our discussion about having a uniform Privacy legislation within USA.

“privacy regulation in the U.S. is broken. While large after-the-fact fines matter, what is much more important is strong, clear rules to protect consumers,” said O’Connor. “Congress must pass a comprehensive federal privacy law this year.”

Regards

Caute_cautim