Privacy has become a big deal. Government regulators are moving to squash indiscretions and protect consumers while preserving constitutional liberties … a tall task.The Federal Trade Commission recently announced wide-ranging monetary settlements with Facebook and Equifax to resolve ongoing investigations.Facebook will pay $5 billion for its part in the Cambridge Analytica data scandal. State attorneys general asserted that lax standards at the social media giant allowed political operatives to weaponize fake news accounts and influence the 2016 presidential election.
https://myaccount.google.com/privacycheckup?utm_source=paid-media&utm_medium=1043393&utm_campaign=P-S-campaign&utm_content=441554961&dclid=COrf4peX–QCFdVDNwodG64KKg&pli=1
Hello Percy,
As I was reading through your post and the article, I began to feel sympathy towards the difficult job of government regulators who fight to protect the liberties of consumers such as ourselves. The $5 billion dollar fine that Facebook ultimately ended up getting will resonate and provide precedent for future FTC transgressions in regards to privacy breaches. Thanks for following up with these stories, since I was curious how they would incentivise organizations to put in place better controls.