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Home > Cybersecurity > Facebook agrees to pay Cambridge Analytica fine

Facebook agrees to pay Cambridge Analytica fine

Erdem Yasar by Erdem Yasar
October 31, 2019
in Cybersecurity, Network/Internet
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Facebook agreed to pay the highest possible, £500,000 fine because of its role in the Cambridge Analytica scandal. The settlement will end the more than a year of litigation between the U.K. data protection watchdog, Information Commissioner’s Office, and Facebook.

ICO will also allow Facebook to retain some documents

ICO has publicly announced the intention to fine Facebook back in July 2018 and the official penalty was issued 3 months later. However, Facebook decided to appeal against the fine in June 2019.

Under the terms of the settlement between Facebook and ICO, Facebook has not admitted any liability. ICO will also allow Facebook to retain some documents that ICO had disclosed during the appeal process to help Facebook’s investigation about the issues around Cambridge Analytica.

Fine could be higher

Facebook can be considered lucky about the £500,00 fine. If the issues had occurred after the EU’s general data protection regulations, May 2018, the potential fine could have been up to 4% of Facebook’s annual revenue.

The ICO’s deputy commissioner James Dipple-Johnstone said:

The ICO welcomes the agreement reached with Facebook for the withdrawal of their appeal against our monetary penalty notice and agreement to pay the fine. The ICO’s main concern was that UK citizen data was exposed to a serious risk of harm.

Protection of personal information and personal privacy is of fundamental importance, not only for the rights of individuals, but also as we now know, for the preservation of a strong democracy. We are pleased to hear that Facebook has taken, and will continue to take, significant steps to comply with the fundamental principles of data protection. With this strong commitment to protecting people’s personal information and privacy, we expect that Facebook will be able to move forward and learn from the events of this case.

A lawyer representing Facebook, Harry Kinmonth said:

“We are pleased to have reached a settlement with the ICO. As we have said before, we wish we had done more to investigate claims about Cambridge Analytica in 2015. We made major changes to our platform back then, significantly restricting the information which app developers could access.

Protecting people’s information and privacy is a top priority for Facebook, and we are continuing to build new controls to help people protect and manage their information. The ICO has stated that it has not discovered evidence that the data of Facebook users in the EU was transferred to Cambridge Analytica by Dr Aleksandr Kogan. However, we look forward to continuing to cooperate with the ICO’s wider and ongoing investigation into the use of data analytics for political purposes.”

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Tags: Cambridge AnalyticaFacebookLaw
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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