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Facebook to create privacy panel, pay US$5bil to US to settle allegations

Facebook has agreed to pay US$5bil (RM20.61bil) as part of a settlement against allegations is misused user privacy, in relation to the scandal involving Cambridge Analytica.

Bank of England calls for ‘super shield’ against cyberattacks

Britain may need to copy the United States in building a "super shield" against catastrophic cyberattacks or major IT glitches that could cripple the finance industry, a senior Bank of England official said on May 14.