Facebook to create privacy panel, pay $7bn to US

By
Follow google news

Settles allegations around use of 2FA and handling of phone numbers.

Facebook to create privacy panel, pay $7bn to US
The US Federal Trade Commission is set to announce on Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion ($7.14 billion), two people briefed on the matter said. As part of the settlement, Facebook will agree to ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
facebookftcsecuritysettlement

Sponsored Whitepapers

Defend Your Network from the Next Generation of AI Threats
Defend Your Network from the Next Generation of AI Threats
Optus Enterprise Mobility
Optus Enterprise Mobility
Life After VMware: Scale Securely with mCloud by Micron21
Life After VMware: Scale Securely with mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
What 4 wholesale distribution challenges aren’t going away anytime soon?
What 4 wholesale distribution challenges aren’t going away anytime soon?

Events

Most Read Articles

National photo licence recognition system set to go live in 2025

National photo licence recognition system set to go live in 2025
Hackers using F5 devices to target US gov networks

Hackers using F5 devices to target US gov networks
Qantas says customer data released by cyber criminals

Qantas says customer data released by cyber criminals
Austrade to replace its data centre core network

Austrade to replace its data centre core network
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?