Italy stings Facebook with $1.1M fine for Cambridge Analytica data misuse

https://techcrunch.com/2019/06/28/italy-stings-facebook-with-1-1m-fine-for-cambridge-analytica-data-misuse/

Italy has given Facebook a rather small fine for selling private user data to a political analytics company, 87 million users were affected and Facebook only received a 1.1M dollar fine.

The fine was rather small due to legal factors and that the value of data and privacy has not yet come to a fairly valued price due to the new information age being relatively new.

Facebook will have to start looking into more ethical approaches surrounding data collection and how they use or sell it. The government will have to start introducing more regulation and legislation that prevents companies from having complete control over the data of users, or rather having that control for a small fee in the form of a fine.

Ethical data handling is the future of trust in companies that operate in a way that makes data collection useful for them. Users are becoming more and more clever everyday as to how they allow companies to collect and use their data.

One current issue that most people and governments face is the size of these companies. They are humongous. If there is not early control, anti-trust or more competition for users to choose from, the future in terms of privacy looks rather bleak. Many users do not want to agree to the terms that these companies force them to agree to in order to use their services, but have no other option.

Ethics is the biggest struggle in data today.

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