CURRENT AFFAIRS

Detailed explanation-1: -In early July 2018, the United Kingdom’s Information Commissioner’s Office announced it intended to fine Facebook £500, 000 ($663, 000) over the data breach, this being the maximum fine allowed at the time of the breach, saying Facebook “contravened the law by failing to safeguard people’s information".

Detailed explanation-2: -Facebook’s owner has been fined €265m (£230m) by the Irish data watchdog after a breach that resulted in the details of more than 500 million users being published online.

Detailed explanation-3: -Facebook parent Meta to pay $725m in Cambridge Analytica scandal | Business and Economy News | Al Jazeera.

Detailed explanation-4: -Facebook owner Meta has agreed to pay $725m (£600m) to settle legal action over a data breach linked to political consultancy Cambridge Analytica. The long-running dispute accused the social media giant of allowing third parties, including the British firm, to access Facebook users’ personal data.

Detailed explanation-5: -What I think people should hold us accountable for is if we are learning from our mistakes.” Zuckerberg said 87 million was a high estimate of those affected by the breach, based on the maximum number of connections to users who downloaded an academic researcher’s quiz that scooped up personal profiles.