In the first quarter of 2018, Facebook took £500,000 in revenue every five and a half minutes. Because of the timing of the breaches, the ICO said it was unable to levy the penalties introduced by the European General Data Protection (GDPR), which caps fines at the higher level of €20m (£17m) or 4% of global turnover – in Facebook’s case, $1.9bn (£1.4bn). The £500,000 cap was set by the Data Protection Act 1998.

500.000 £ = 5 minuti e 30 secondi di profitto = 0.001% del profitto di Facebook in un anno 17.000.000 £ = 3 ore e 7 minuti di profitto = 0.035% del profitto di Facebook in un anno Non so se sia più ridicolo o più deprimente. Giacomo 2018-07-11 8:39 GMT+02:00 Alberto Cammozzo <ac+nexa@zeromx.net>:

<https://www.theguardian.com/technology/2018/jul/11/facebook-fined-for-data-b...>

Facebook is to be fined £500,000, the maximum amount possible, for its part in the Cambridge Analytica scandal, the information commissioner has announced.

The fine is for two breaches of the Data Protection Act. The Information Commissioner’s Office (ICO) concluded that Facebook failed to safeguard its users’ information and that it failed to be transparent about how that data was harvested by others.

“Facebook has failed to provide the kind of protections they are required to under the Data Protection Act,” said Elizabeth Denham, the information commissioner. “Fines and prosecutions punish the bad actors, but my real goal is to effect change and restore trust and confidence in our democratic system.” _______________________________________________ nexa mailing list nexa@server-nexa.polito.it https://server-nexa.polito.it/cgi-bin/mailman/listinfo/nexa