Facebook could be fined millions for violating consent deal

By Admin on March 29, 2018

Former Federal Trade Commission officials said that the social media giant may be liable for hundreds of millions of dollars worth of fines for breaching a 2011 consent agreement to protect user data. Speaking to Bloomberg, Jessica Rich, former head of the FTC’s consumer protection bureau, said that the social media giant could be fined $40,000 per violation per day, and that the bill might add up to hundreds of millions……More