TUESDAY, 17 JUL 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
GloriaJeans_266x90px
IMH LTD

Alexis Webster Joins FXTM as Chief Commercial Officer

Commissioner King in Cyprus to Discuss Security and the Fight against Terrorism

IMH LTD
MTN_07/07-10/04_468x60px

INTERNATIONAL

brought to you by CIPA

Facebook Faces £500,000 Fine from UK Data Watchdog

Facebook Faces £500,000 Fine from UK Data Watchdog

The UK's data protection watchdog intends to fine Facebook £500,000 for data breaches - the maximum allowed, BBC reports.

The Information Commissioner's Office said Facebook had failed to ensure another company - Cambridge Analytica - had deleted users' data.

The ICO will also bring a criminal action against Cambridge Analytica's defunct parent company SCL Elections.

And it has raised concerns about political parties buying personal information from "data brokers".

Specifically it named one company used by the Labour Party, Emma's Diary, which gives medical advice and free baby-themed products to parents.

Facebook said it would respond to the report "soon".

The ICO also said another company - Aggregate IQ - which worked with the Vote Leave campaign in the run up to the EU Referendum, must stop processing UK citizens' data.

The fine is modest compared with previous sanctions on Facebook.

In 2017 it was fined 110m euros (£95m) by the European Commission, which in the same year punished Google for 2.42bn euros (£2.1bn).

But information commissioner Elizabeth Denham said companies also worried about reputational damage.

The impact of behavioural advertising, when it came to elections, was "significant" and called for a code of practice to "fix the system", she said.

Such a code would ensure that "elections are fair and people understand how they are being micro-targeted".

The action comes 16 months after the ICO began its probe into political campaigners' use of personal data following concerns raised by whistleblower Christopher Wylie, among others.

The ICO found Facebook had breached its own rules and failed to make sure Cambridge Analytica had deleted this personal data.

While Cambridge Analytica insisted it had indeed wiped the data after Facebook's erasure request in December 2015, the ICO said it had seen evidence that copies of the data had been shared with others.

"This potentially brings into question the accuracy of the deletion certificates provided to Facebook," said an ICO spokesperson.

 

MORE ON INTERNATIONAL

Rolls-Royce Develops Propulsion System for Flying Taxi

Engine maker Rolls-Royce has designed a propulsion system for a flying taxi which it says ...

Apple Launches Faster Processors on MacBook Pro

Apple Inc unveiled new features on the MacBook Pro on July 12, including faster core ...

Johnson & Johnson to Pay $4.14 billion in Punitive Damages

Johnson & Johnson was ordered by a jury to pay $4.69 billion to women who claimed ...

FROM AROUND GOLDNEWS

   

The 2nd Project Management Conference

Following last year’s successful event, the PMI Cyprus Chapter organizes “The 2nd Project Management Conference”, on Friday, 16th November ...
   

Bank of Cyprus Tests Fingerprint Card

Bank of Cyprus is currently conducting a pilot scheme on the new technology for contactless payments via a fingerprint-activated debit card. According to ...
   

46% of Toyota Motor Europe Sales in H1 are Self-Charging Hybrid Electric Vehicles

Toyota Motor Europe today reported 2018 first half of the year sales of 560,000 Toyota and Lexus vehicles, an increase of +6% from 2017. Total market share for ...
   

Commissioner King in Cyprus to Discuss Security and the Fight against Terrorism

On Thursday 17 July, Commissioner for the Security Union Julian King will be in Nicosia where he will meet the Minister of Justice and Public Order Ionas ...
   

ImarComms Presents Version 7 of the Professional Diploma in Digital Marketing

ImarComms, global partner of the Digital Marketing Institute, has announced that version 7 of Digital Marketing Institute’s “Professional Diploma ...
   

Alexis Webster Joins FXTM as Chief Commercial Officer

Global award-winning forex broker, FXTM, is pleased to announce the appointment of Alexis (Lex) Webster as Chief Commercial Officer. As CCO, Lex will be ...
   

Kadis to Participate in EU Agriculture and Fisheries Council

Minister of Agriculture, Rural Development and Environment Costas Kadis will participate in the EU Agriculture and Fisheries Council, that takes place on July ...
   

Cyprus Registers €1.7 Billion Trade Deficit between January and May 2018

Cyprus exports of goods reached €2.0 billion in the period from January till May 2018, a 92% increase compared to the same period of 2017 (€0.5 ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Invest Career 19/04-26/08
Gold_Issue_300x250px

IMH LTD