In the US, Facebook was Fined Five Billion Dollars
OREANDA-NEWS The US Federal Trade Commission announced the imposition of a fine of five billion dollars on Facebook Inc and stricter requirements for the protection of personal data, the agency said on Wednesday.
The document notes that this penalty is the largest imposed on the company for violating the protection of users' information and is almost 20 times more than any sanction in the world has ever been imposed.
As a result of the settlement, an independent data protection committee will be created, which will take decision-making on these issues from the direct control of the company's founder, Mark Zuckerberg. The members of this committee will be independent and it will be possible to dismiss them only by a majority vote of the board of directors.
In addition, the company will designate specific people who will be responsible for the data protection program. Facebook will also have to analyze all innovations from the point of view of information preservation, prior to their implementation, which also applies to his WhatsApp and Instagram services.
A decree issued by the Federal Trade Commission obliges the company to report any incidents involving data leakage of more than 500 users.
In addition, the company is charged with carefully studying the programs of third-party manufacturers with whom they work; it is forbidden to use the received telephone numbers of users for promotional purposes; encrypt user passwords; it is forbidden to request passwords for mail and other user services.
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