Facebook docked £500k for its role in Cambridge Analytica data breach

Facebook has been handed the maximum available fine available to the UK’s information commissioner for two breaches of the Data Protection Act in relation to its role in the Cambridge Analytica data scandal.
A total of £500,000 will be docked from the business in punishment for its failure to safeguard user data and an absence of transparency in how it allowed that information to be used by others. This sum is unlikely to give much cause for alarm to Facebook’s accountants howe