Brazil Fines Facebook $1.6 Million USD for Cambridge Analytica Scandal
Almost three times the amount ordered by the UK.
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Almost two years after Facebook‘s Cambridge Analytica data scandal, the Brazilian government has now hit the social media company with a massive $1.6 million USD fine for the incident.
According to Brazil‘s Ministry of Justice and Public Security, an estimated 443,300 Brazilian Facebook members had their data used for purposes that were “at the very least, questionable.” Some studies further suggest that a whopping 87 million users were affect globally by the scandal. The Brazilian government has now hit Mark Zuckerberg‘s company with a $1.6 million USD fine, almost three times the amount ordered by the UK government, which stood at $644,000 USD.
Despite the latest fine being significantly larger than the other sums paid in light of the Cambridge Analytica incident, it nonetheless pales in comparison with Facebook’s fine from the FCC for its data breaches, which amounted to a whopping $5 billion USD.
In other tech-related news, the world’s four largest tech companies are now worth a combined $4 trillion USD.