The United States privacy investigated against the Facebook inc after a major data breach was exposed in March which is likely to result in a
huge fine against the Facebook.
The Federal Trade Commission has posed a penalty against the leading social media platform for violating a 2011 settlement with the agency that
stated the company to take a series of steps to protect the users private information as the investigation is confidential.
The amount of fine imposed on the Facebook couldn’t be known and it is
also not clear whether the agency has settled on how much to seek firm the California based company and it will also want Facebook to change
the way data collection and sharing practices.
The agency opened it’s investigation after a statement of political firm from Cambridge Analytica gained access to information on about 70 million Facebook users in the US. The Facebook denied the incident saying that it was a violation.
The FTC chairman Joe Simons was under intensifying pressure to come hard on the Facebook after data and privacy scandals. The revelations have also galvanized to pass legislation to protect the privacy and personal information. Lawmakers and advocates criticized the FTC for not doing enough on privacy violations with limited authority. Facebook also faced intensifying pressure from Washington regarding the privacy. The FTC and Facebook declined to comment about the investigation. The former head of the FTC has said that the fine reached hundreds of millions of dollars. Now Facebook has also promised users that it wouldn’t share the personal information of the users with the advertisers.