Company News
RTL Featured in CloudNine E-Discovery Blog
August 20, 2019
On July 22, Doug Austin of CloudNine featured the Ride the Lightning (RTL) post: “FTC Approves Fine of Roughly $5 Billion Against Facebook for Privacy Violations” in his own post. His blog post, “This Makes the Potential GDPR Fine Against British Airways Look Like Peanuts: Data Privacy Trends” is featured in CloudNine’s E-Discovery blog. CloudNine is a legal intelligence technology company with deep expertise in the analysis, processing, and review of electronically stored information (ESI). Ride the Lightning is a cybersecurity and e-discovery blog by Sensei’s Sharon Nelson.
Excerpt: It was just last week that we discussed the new (probable) largest fine since the General Data Protection Regulation (GDPR) was enacted last May, with the proposed fine of nearly $230 million against British Airways for a data breach last year. But, this fine approved by the Federal Trade Commission (FTC) against Facebook for data privacy violations makes that fine look like peanuts.
As discussed by Sharon Nelson in her excellent Ride the Lightning blog (FTC Approves Fine of Roughly $5 Billion Against Facebook for Privacy Violations), the New York Times (subscription required) reported on July 12th that the FTC has approved a fine of roughly $5 billion against Facebook for mishandling users’ personal information, according to three people briefed on the vote, in what would be a landmark settlement that signals a newly aggressive stance by regulators toward the country’s most powerful technology companies.