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
greed at work?
11/30/2011 1:00:05 PM
seems interesting that he is suddenly so caring about privacy and admitting "mistakes"
i wonder if that huge payday coming next april has anything to do with his sudden caring??
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!
"It seems as though my state-funded math degree has failed me. Let the lashings commence." -- DailyTech Editor-in-Chief Kristopher Kubicki
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
Target Chief Information Officer Resigns in Wake of Holiday Data Breach
March 6, 2014, 2:01 PM
Quick Note: Yahoo to Require Users of its Services to Have Yahoo IDs
March 5, 2014, 4:55 PM
Ellen DeGeneres' Star-studded "Selfie" Briefly Crashes Twitter During Oscar Broadcast
March 3, 2014, 8:27 AM
Comcast Deal May See Netflix Start Paying Verizon, AT&T
February 25, 2014, 9:29 AM
Report: NSA Still Spying on German Officials
February 24, 2014, 1:19 PM
Netflix Agrees to Pay Comcast to End Traffic Jam
February 24, 2014, 10:00 AM
Most Popular Articles
Mt. Gox Bitcoin CEO Can't Stifle Grin as he Bows in Apology for Bankruptcy
February 28, 2014, 5:00 PM
Report: Microsoft Considering Offering Free “Windows 8.1 with Bing”
February 28, 2014, 10:21 AM
Facebook Kills Popular Messenger App for PCs
March 1, 2014, 4:01 PM
Two More Microsoft Executives Leaving the Company
March 3, 2014, 4:38 PM
USAF Moves Forward With Long Range Bomber Program Despite Budget Crunch
March 4, 2014, 9:44 AM
Latest Blog Posts
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
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
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information