Facebook Agrees to £500,000 Fine for Cambridge Analytica Data Breach
Social media giant did not admit liability.
Facebook is finally facing the music for the Cambridge Analytica data breach. The social media platform has agreed to pay a £500,000 fine, approximately $643,000, to the United Kingdomís Information Commissionerís Office (ICO), reports NPR. The ICO alleges that Facebook failed to protect data gathered by Cambridge Analytica from approximately 87 million Facebook users. After litigating the matter for more than a year after the monetary penalty notice was originally levied, Facebook agreed to pay the fine to end the appeals and negotiations between Facebook and the U.K.
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