Facebook Agrees To 20 Years Of Audits As Part Of FTC Settlement
Facebook has made a settlement with The Federal Trade Commission (FTC) after being charged with misleading users about how private information would be kept.
Facebook approved of the changes last year and agreed to “prominently disclose” any third-party information that might be shared. The consent of user must be made too.
On top of all that, Facebook’s privacy must be assessed by a third party every 2 years for a total of 20 years. The FTC reserves the right to request documentation on privacy settings, consumer complaints, etc.
Earlier this month Google also agreed to a $22.5 million fine over an Apple Safari browser issue.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry