A political data company named Cambridge Analytica mined the private information of about 80 million American Facebook users to gather data about voters and how to influence their choice of candidate.
There is no reason for anyone to be a second-class citizen when it comes to data privacy. The social media giant requested Cambridge Analytica to delete all the data it had collected over the years.
First, no one is required to join Facebook and those who do likely understand that when they communicate or do transactions on the internet they surrender their privacy to a degree. Nevertheless, it seems that all roads end with the Federal Trade Commission (FTC).
Facebook knew in 2015 that President Trump's consultancy, Cambridge Analytica, harvested personal data of millions of users, but nonetheless received a positive privacy report from auditing firm Pricewaterhouse Coopers.
Collective redress would mean consumers wouldn't need to sign up to an action to get quick, easy and cheap access to justice when they experience a financial loss following a data breach.
Lastly, in a clear and concise manner, users should be made aware of their privacy terms, including instances when their information will be shared and how the information will be used.
30% disagreed with the notion that Twitter "protects my personal information". Currently, the bill has limited support and only from Democrats.
That starts with being selective about what data is shared and why.
"The standard that we hold ourselves to is not just following the laws that are in place", Zuckerberg said.
The new European requirements will not be a magic bullet, and may not provide a model for solving every problem related to protecting people's data.
Facebook routinely allows researchers to have access to user data for academic purposes - and users consent to this access when they create a Facebook account. "If he fails to do so, new laws may be necessary to secure Americans' privacy", Thune said of Zuckerberg in a column. He spoke up claiming that company had secretly acquired personal data of millions of Facebook users. For a typical firm, Kaiser said, the largest budget is set for purchasing raw data from consumer-facing platforms like Facebook; then, the firm would acquire more specific information about its target audience through surveys and games (like Cambridge Analytica's personality tests).
Not all legislation now being pushed is about user privacy.
This is an issue brought up on day two of Zuckerberg's hearing, when Rep. G.K. Butterfield mentioned that the company's Black representation has only risen from 2 percent to 3 percent. Russian Federation denies trying to manipulate the USA election. Sixty-six per cent view it as a media company that prioritises some types of content over others, with 55% believing there to be evidence of political bias and censorship in its results - a view that's more prevalent (70%) among Republicans.