Facebook, FTC Settle Privacy Case
November 30, 2011 9:46 AM
comment(s) - last by
Facebook must obtain user consent when changes are applied to privacy settings, and must submit to 20 years of independent audits
After learning that Facebook and the U.S. Federal Trade Commission (FTC)
were nearing a settlement in their privacy case
earlier this month, Facebook has agreed to the FTC's terms and the case if finally over.
The settlement requires Facebook to obtain user consent when changes are applied to privacy settings, and to submit to 20 years of independent audits.
Facebook CEO Mark Zuckerberg mentioned that the company now has two new corporate officer positions to supervise Facebook products and policy in an effort to avoid such privacy troubles again.
"I'm the first to admit that we've made a bunch of mistakes. In particular, I think that a small number of high profile mistakes, like Beacon four years ago and poor execution as we transitioned our privacy model two years ago, have often overshadowed much of the good work we've done," said Zuckerberg on
The Facebook Blog
. "I also understand that many people are just naturally skeptical of what it means for hundreds of millions of people to share so much personal information online, especially using any one service. Even if our record on privacy were perfect, I think many people would still rightfully question how their information was protected.
"It's important for people to think about this, and not one day goes by when I don't think about what it means for us to be the stewards of this community and their trust."
According to the settlement with the FTC, Facebook will be forced to pay $16,000 per day for any further violations of privacy in the future.
The U.S. government initially went after Facebook about its privacy practices when the social network made changes to its privacy settings in December 2009 without user's consent. Facebook made certain parts of a user's profile public by default, such as their name, picture and city. Users and privacy groups complained and the Electric Privacy Information Center filed a complaint with the FTC.
Some suspect that Facebook settled with the FTC because of an upcoming initial public offering that is reportedly due in 2012. Facebook is looking to
raise $10 billion for the float
in hopes of it valuing the company at $100 billion.
This article is over a month old, voting and posting comments is disabled
Facebook settles with the FTC
12/8/2011 2:56:28 PM
This is a very small victory in the war of keeping our data secure online.
I would have preffered to see a
applied to Facebook for all of thei lil' "
" on privacy!
"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini
Facebook to Raise $10 Billion for 2012 IPO; Company Value Could Double HP's
November 29, 2011, 12:07 PM
Facebook, U.S. Government Close to a Privacy Settlement
November 11, 2011, 10:40 AM
Hulu to Hit $1 Billion in Revenue by End of Year
December 18, 2013, 1:35 PM
Harvard Undergrad Busted by Wi-Fi after Making Bomb Threat to Avoid Finals
December 18, 2013, 10:37 AM
San Francisco's Market Street Receives Free Outdoor Wi-Fi
December 17, 2013, 11:14 AM
Facebook Announces Auto-Play Video Advertising in Your News Feed
December 17, 2013, 10:00 AM
NSA Debates Granting Snowden Amnesty if He Keeps His Mouth Shut
December 16, 2013, 1:17 PM
Amazon's New "Pantry" Service to Compete with Costco, Sam's Club
December 13, 2013, 11:26 AM
Most Popular Articles
China's Lunar Rover Enters Orbit, Prepares for Historic Sat. Landing
December 13, 2013, 5:00 PM
Metro-Enabled Firefox Browser Expected to Land After Two Years of Work
December 12, 2013, 5:21 PM
The History of Normandy: How Nokia Plotted a Low-End Android Line
December 11, 2013, 8:12 PM
Ten Senators Sponsor Bill to Scrap Corn Ethanol Market Manipulation
December 13, 2013, 1:52 PM
China's Moon Rover Lands Safe and Sound, Starts Snapping Pics
December 16, 2013, 1:22 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information