Facebook risks millions of dollars in FTC fines over data crisis


  • TECH
  • Thursday, 29 Mar 2018

A 3D-printed Facebook Like symbol is displayed in front of a U.S. flag in this illustration taken, March 18, 2018. REUTERS/Dado Ruvic/Illustration

Former Federal Trade Commission officials say that Facebook Inc appears to have breached a 2011 consent agreement to safeguard users’ personal information and may be facing hundreds of millions of dollars in fines. 

The agency could fine Facebook up to US$40,000 (RM154,652) per violation per day – which could add up quickly with millions of users involved – if it finds the social media giant broke its earlier promises to protect user data, they say. 

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