Tuesday, reports surfaced that the United Kingdom’s Information Commissioner’s office has issued a fine to Facebook for $664,000 or about GBP 500,000. The office finds that Facebook lacked the privacy protections necessary to catch Cambridge Analytica before it was too late.
The Washington Post reports that today’s announcement of the fine is preliminary and the final amount could change going into further discussions between UK regulators and Facebook. A follow-up report is expected sometime in October.
A statement from Facebook’s chief privacy officer admitted that Facebook “should…