FTC Investigating Facebook's Privacy Practices
Mar 26, 2018, 10:50 AM by Eric M. Zeman
The Federal Trade Commission today said it is examining Facebook's privacy policies and practices. The inquiry comes as a result of the Cambridge Analytica scandal, which saw the data of millions of Facebook users shared by an app to an analysis firm that use it create profiles of U.S. voters. "The FTC is firmly and fully committed to using all of its tools to protect the privacy of consumers," said Tom Pahl, Acting Director of the FTC’s Bureau of Consumer Protection. "Accordingly, the FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook. Today, the FTC is confirming that it has an open non-public investigation into these practices." Facebook apologized for the lapse and said it would conduct a thorough audit of how third-party apps use data generated by members of the social network.
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