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EU warns Facebook not to lose control of data security

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EU warns Facebook not to lose control of data security

The EU’s high data privacy enforcer expressed fear Tuesday that Facebook had lost control of data security after an enormous privacy breach that she mentioned affected 5 million Europeans as EU warns Facebook.

“It’s a query for the administration, if they’ve things under control,” EU Justice and Consumer Affairs Commissioner Vera Jourova informed AFP in Luxembourg.

“The magnitude of the company … makes it very tough to handle, however they’ve to do this as a result of they’re harvesting the information and they’re making unimaginable cash on using our privacy as the commodity,” she added.

Jourova spoke simply days after Facebook accepted that as much as 50 million Facebook user accounts all over the world had been breached by hackers, in one more scandal for the beleaguered social platform, EU warns Facebook

“I’ll know more … in hours or days however in accordance with our information, 5 million Europeans have been affected out of these 50, which is an incredible number,” she mentioned.

Jourova stated Facebook’s fast revelation of the case demonstrated that new European guidelines on data protection implemented earlier this year are working.

New EU guidelines—the General Data Protection Regulation (GDPR)—have been billed as the most important shake-up of privacy rules since the birth of the web and give European regulators huge new enforcement powers.

The case for GDPR was boosted by one other current scandal over the harvesting of Facebook users’ information by Cambridge Analytica, a US-British political research firm, for the 2016 US presidential election.

Jourova mentioned the worst circumstances contain an organization discovering a serious breach then failing to warn authorities or their users, which she mentioned does not seem like the case within the newest Facebook drama.

Beneath GDPR, corporations might be fined as much as 4 % of annual global turnover in the event that they fail to abide by the principles, together with notification of the within 72 hours.

Facebook met this requirement, Jourova identified, which “is among the elements which could end in decrease sanctions, however that is solely theoretical”.

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