mo4ch:>Facebook may face a record fine over privacy lapses – reports | Mo4ch News

US authorities are reportedly considering imposing a record-setting fine against Facebook after the data of tens of millions of its users was harvested by political consulting firm Cambridge Analytica.The Federal Trade Commission, the US’ privacy and security watchdog, is looking to punish Facebook for mishandling its users’ data, the Washington Post reported on Friday, citing sources familiar with the situation. According to the newspaper, the penalty is likely to exceed the $22.5 million fine the regulator imposed on Google in 2012 for bypassing the privacy controls in Apple's Safari browser.The five members of the commission, which has been scrutinizing Facebook since March 2018, are said to have met in mid-December, according to the New York Times. The newspaper’s sources claim that the meeting is a sign that the investigation is far along. Consumer-protection and enforcement staff members have reportedly provided the commissioners with updates on alleged privacy violations bu…