META* will pay record fine for transferring user data

meta* will pay $ 725 million for settling a collective claim with accusations of providing third parties for access to personal information of users.

In 2018, Facebook* was accused of providing the British political consulting company Cambridge Analytica access to data from 87 million users. The lawyers of the plaintiffs called the proposed settlement of the largest of all claims about the privacy of data in the United States and the maximum amount that Meta* has ever paid for resolving a collective claim.

However, Meta* did not admit her guilt. The company’s statement says that the settlement was “in the interests of the community and shareholders of the company.” “Over the past 3 years, we have reviewed our approach to privacy and have implemented a comprehensive privacy program,” Meta*.

said in Meta*.

The scandal around Cambridge Analytica flared up in 2018, when the media reported that the analytical company collected information from 50 million user profiles. Facebook later admitted that the data of 87 million people were incorrectly transferred to Cambridge Analytica.

Cambridge Analytica, now non -existent, worked as part of a successful presidential campaign of Republican Donald Trump in 2016 and gained access to personal information of millions of Facebook accounts* for profiling and targeting voters. Cambridge Analytica received this information without the consent of users from the researcher, to whom Facebook* allowed to deploy the application on his social network, which collected data from millions of its users.

* META and the company’s products (Instagram and Facebook) are recognized as extremist organizations; Their activities are prohibited in the Russian Federation.

/Media reports cited above.