It is the first legal case against Facebook over the privacy scandal.
The Cambridge Analytica incident stems from a personality – quiz app offered to Facebook users by a Cambridge University researcher. Facebook admitted that a third-party personality quiz app collected the personal information of users’ friends, and the information was sold to the London-based political consulting firm Cambridge Analytica.
Some 87 million users worldwide were affected. Facebook has also admitted to giving tech companies like Amazon and Yahoo access to users’ personal data.
The settlement is the largest privacy fine in the FTC’s historyand also marks the most significant action yet against Facebook over a series of mishaps that have compromised users’ data