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!
"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
Microsoft Protecting International Customer Data Through Increased Encryption, Litigation
December 5, 2013, 6:15 PM
Hackers Nab 2 Million Login Credentials from Facebook, Gmail, Twitter
December 5, 2013, 1:00 PM
Dutch Gov. to Google: Don't Spy on Us
December 2, 2013, 1:21 PM
Quick Note: Amazon to Use Unmanned Drones for 30 Minute Package Deliveries
December 2, 2013, 11:51 AM
Quick Note: Wi-Fi Hack Prompts European Parliament to Eliminate Access
November 29, 2013, 11:05 AM
NYT: NSA May Have Spied on Google, Yahoo Data Centers Via Fiber-Optic Cables
November 26, 2013, 3:35 PM
Most Popular Articles
NSA Snares Americans' Porn Viewing Histories in Effort to Target Muslims
December 1, 2013, 9:00 PM
Coalition of 20+ Tech Firms Backs MRAM as Potential DRAM, NAND Replacement
November 29, 2013, 11:59 PM
Dow Chemical to NYC City Council: You Don't Even Know What Styrofoam is!
December 2, 2013, 8:30 PM
Fed Up With Cheating OEMs, Microsoft Trolls Chromebooks in New Ad
November 27, 2013, 4:09 PM
OCZ Goes Bankrupt, SSD Assets are Targeted by Toshiba
December 1, 2013, 9:58 PM
Latest Blog Posts
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
U.S. Army Developing Cyber, Electronic War Arsenal
Oct 31, 2013, 4:49 PM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information