Facebook doesn't actually offer user privacy - and we all knew that. The thing is, Facebook does some pretty shady stuff with user data that breeches the FTC rules on user privacy. That is not good - but again, not suprising. The downside is that at this point, your data is probably in the hands of Russian hackers and Kim Jong Un. The good news is that I expected that and have won the office pool. In the end, the fine could be huge, but it is probably payable from Facebooks petty cash drawer.
Such a violation, if eventually confirmed by the Federal Trade Commission, could lead to many millions of dollars in fines against Facebook, said David Vladeck, who as the director of the FTC’s Bureau of Consumer Protection oversaw the investigation of alleged privacy violations by Facebook and the subsequent consent decree resolving the case in 2011. He left that position in 2012.
Source: WashingtonPostClick here to read this article!
