SEC joins FBI, Justice Department & Federal Trade Commission in probing Facebook data breaches

Investigation, previously limited to Cambridge Analytica, now widens, including FB’s 2011 undertakings to the FTC on data control, and Zuckerberg testimony to Congress.

“The FTC has been examining whether the privacy breach violated the terms of Facebook’s 20-year data protection agreement with the regulator, signed in 2011. Fines for breaching the settlement could run into billions of dollars.”

The battleground for control of still-almost-unregulated Big Tech is taking shape. I don’t see AI replacing lawyers in this area of work quite yet.

Image: You Tube, adapted

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