Facebook or Heavy Penalty for Data Leakage Officials Expected $1 Billion or More before FTC
The three former U.S. Federal Trade Commission officials participated in the investigation of Facebook’s privacy issues and reached an agreement with Facebook in 2011.
The three officials believe that Facebook may be subject to heavy penalties for data leakage because data leakage has shown that Facebook violated the previous agreement with the Federal Trade Commission.
David Vladeck, among three officials who disclosed Facebook or was heavily penalized, was the head of the Consumer Protection Agency of the US Federal Trade Commission. He participated in the drafting and signing of the agreement between Facebook and Facebook in 2011. He said that according to the agreements reached at that time, , Facebook needs to limit the external sharing of user information, and prevent external improper access to information.
David Vladeck said that from the current situation of user data leakage, he believes that Facebook has violated the agreement reached in 2011 with the US Federal Trade Commission. He expects that Facebook will face a fine of 1 billion U.S. dollars or more.