The UK Information Commissioner's Office is slapping Facebook with a £500,000 fine (~₹4.65 crore), per the BBC. In a release announcing the fine, the data regulator said that it would also be taking the following steps: warning letters to 11 political parties and notices compelling them to agree to audits of their data protection practices; an Enforcement Notice for SCL Elections Ltd [the parent company of Cambridge Analytica] to compel it to deal properly with a subject access request from Professor David Carroll; [David Carroll is an American professor who has been trying to use data regulations in the UK to get more information out of Cambridge Analytica on their use of millions of users' personal data] a criminal prosecution for SCL Elections Ltd for failing to properly deal with the ICO’s Enforcement Notice; an Enforcement Notice for Aggregate IQ to stop processing retained data belonging to UK citizens; [Read more on AggregateIQ] a Notice of Intent to take regulatory action against data broker Emma’s Diary (Lifecycle Marketing (Mother and Baby) Ltd); and audits of the main credit reference companies and Cambridge University Psychometric Centre. https://twitter.com/ICOnews/status/1016909000749801472 “Fines and prosecutions punish the bad actors, but my real goal is to effect change and restore trust and confidence in our democratic system,” Elizabeth Denham, the information commissioner, said in a statement. Over half a million Indian users' data was exposed in the Cambridge Analytica incident, Facebook said.
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