Facebook don get slap with record-breaking $5 billion fine to resolve a US government probe into its privacy practices.
The US Federal Trade Commission yarn on Wednesday say the social media giant don also agree restructure their approach to privacy from the corporate board-level down.
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“Despite repeated promises to its billions of users worldwide that they could control how their personal information is shared, Facebook undermined consumers’ choices.
“The magnitude of the $5 billion penalty and sweeping conduct relief are unprecedented in the history of the FTC.
“The relief is designed not only to punish future violations but, more importantly, to change Facebook’s entire privacy culture to decrease the likelihood of continued violations.”
Tori from micrro.co.uk don yarn say he $5 billion penalty against Facebook na the largest ever wey dem don impose on any company untop violating consumers’ privacy ,and e dey 20 times greater than the largest privacy or data security penalty ever imposed worldwide, according to Mirro.co.uk.
