FTC's Facebook Audit Didn't Catch Cambridge Analytica Leaks

Apr 23, 2018, 00:28
FTC's Facebook Audit Didn't Catch Cambridge Analytica Leaks

Back in 2011, the Federal Trade Commission struck a deal with Facebook to have its privacy practices audited once every two years by an external company.

The report covers February 12, 2015, to February 11, 2017.

Facebook Inc's privacy practices were cleared by auditing firm PricewaterhouseCoopers LLP in an assessment completed previous year of the period in which data analytics consultancy Cambridge Analytica gained access to the personal data of millions of Facebook users.

Coli outbreak warning extended to all types of romaine lettuce products
Symptoms of hemolytic uremic syndrome include less urination, feeling very exhausted , and losing color in the cheeks. Of the hospitalizations, five patients developed a type of kidney failure called hemolytic uremic syndrome.

PwC essentially said that Facebook was operating an effective privacy program during that time period.

As described above, Facebook has identified reasonably foreseeable, material risks, both internal and external, that could result in Facebook's unauthorized collection, use, or disclosure of covered information, and assessed the sufficiency of any safeguards in place to control these risks as required by Part IV of the [consent decree].

Facebook initially discovered that the "thisisyourdigitallife" app's developer sold the harvested information of millions of users to Cambridge Analytica in 2015.

Led strike raises questions about what's next in Syria strategy
All its 192 member states are required to destroy their existing stockpiles of chemical weapons and stop large-scale production. Saudi Arabia is also a member of the US -led coalition battling IS militants.

The agreement requires that Facebook users give "affirmative express consent" any time that data they haven't made public is shared with a third party. "That's extraordinary! That's, 'How could that have happened?' stuff".

The audit by PricewaterhouseCoopers is posted on the FTC's website, though it is heavily redacted. The latest external audit was conducted by PricewaterhouseCoopers (PwC) in 2017. Erin Egan, Facebook's chief privacy officer, and Ashlie Beringer, the social media company's deputy general counsel, said in a statement: "We've heard loud and clear that privacy settings and other important tools are too hard to find, and that we must do more to keep people informed". This was done to make sure that Facebook didn't break the 2011 FTC consent decree and deceive customers.

Facebook plans to redesign the account settings section of their mobile app while also creating a new privacy shortcut menu that should allow users greater control over their account security and personal information. "We appreciate the opportunity to answer questions the FTC may have".

LPL Financial LLC Acquires 12487 Shares of Corning Inc. (GLW)
It increased, as 15 investors sold POWI shares while 65 reduced holdings. 151 funds opened positions while 383 raised stakes. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.67 average brokerage recommendation.

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