25-10-2018 13:07 via marketingweek.com

Facebook receives maximum fine over Cambridge Analytica scandal

Facebook has been fined £500,000 by the UK’s data protection watchdog over its role in the Cambridge Analytica data scandal.
The Information Commissioner’s Office called the incident a “serious breach of data protection law” and issued Facebook with the maximum fine allowed. The incident took place under old data protection rules; had the new GDPR laws come into effect the fine could have been substantially higher as the ICO is now able to fine companies £17m
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