Facebook ‘rocked to its very foundations’, says Clegg
Facebook has admitted that it was “rocked to its very foundations” by the Cambridge Analytica scandal.
Facebook’s head of global affairs, Sir Nick Clegg, told the BBC that it was fair to say the company “hadn’t done enough” in the past.
“But I don’t think it’s fair to say that the company did nothing,” he said.
“Quite a lot of new measures have been introduced in recent years to keep data safe and to try and protect people’s privacy, but clearly not enough.”
The social network is paying a record $5bn (£4bn) fine to settle privacy concerns with the US Federal Trade Commission (FTC).
It followed allegations that Cambridge Analytica, a political consultancy, improperly obtained the data of up to 87 million Facebook users in 2018.
Facebook has also agreed to pay the US Securities and Exchange Commission (SEC) $100m to settle charges of making misleading disclosures regarding its handling of user data…….read more