ICO Plans to Slap A £500K Fine On Facebook

The Information Commissioner’s Office (ICO) plans to levy a hefty fine for the previous data protection regime against Facebook for leaking link to the Cambridge Analytica scandal.

On Wednesday, the privacy regulator submitted a new report, in them, they have present the detailing of its wide-ranging inquiry into the use of data analytics for political campaigning.

It claimed to have declared a Notice of target to the social network for a monetary penalty of £500,000 due to lack of transparency and security problems relating to the stealing of information constituting breaches of the first and seventh data protection principles under the Data Protection Act 1998. Facebook can appeal it at the last of this month.

The Information Commissioner’s Office is also making an inquiry about the data protection irregularities and lack of transparency between Leave.eu and Aaron Banks’ Eldon Insurance firm, the relationship between the Cambridge Analytica-linked AggregateIQ and leave campaigns, the role of data hackers in political campaigns, and much more.

Warning letters are sent by the regulator to all 11 political parties included MPs also in the Commons that they will be audited later this year.

It said that they have declared that there are risks concerning the gaining of private information through various political parties. The specific concerns comes with the purchasing list of the marketing and lifestyle information from data hackers without sufficient due to struggle, a lack of appropriate processing, and use of third-party data analytics companies with insufficient checks around the consent.

In a separate ICO report, on the policy implications of its findings called for an ethical pause in digital political campaigning to allow key stakeholders to reflect on their responsibilities when using private information to target voters.

It is a notification to all of the third-party platforms to immediately take a strong action transparency features that are linked to the political advertising and said it also that would work sincerely with the government to make up a new statutory code of practice in line with the GDPR/DPA18 to regulate the use of private information in political campaigns.

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