Technology

The FTC confirms the investigation of data security on Facebook

Last week, reports surfaced that the FTC has launched a Facebook  investigation into the use of its data by Cambridge Analytica’s use of its data. The organization has now confirmed that it is actually exploring the giant social media. “The FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook,” the FTC said in a statement. “Today, the FTC is confirming that it has an open non-public inquiry into these practices.”

Just  a week ago, several reports detailed how Cambridge Analytica received Facebook profile information on over 50 million Facebook users through a researcher that collected the data with an application. Since then, the company has faced tough investigations by various groups including Congress and the British Parliament.

Shareholders, Facebook users, and states have also filed a handful of class action lawsuits against the company while prosecutors  general have opened their own detectors as well.

 

“The FTC is firmly and fully committed to using all of its tools to protect consumers’ privacy,” said Tom Pahl, an acting director of the FTC’s Consumer Protection Office. “The top among these tools is the imposition of measures against companies that do not respect their privacy promises, including compliance with Personal Data Protection, or who commit unlawful acts that cause serious injuries to consumers in violation of the FTC Act.”