Home Technology Regulation Australian privacy complaint may mean fine for Facebook

A complaint made to the Office of the Australian Information Commissioner over Facebook's provision of Australian users' details to now defunct analytics firm Cambridge Analytica could mean a big payout if it succeeds.

IMF Bentham, a company that funds litigation, and legal firm Johnson Winter & Slattery have made the complaint on behalf of the 311,027 Australians who were caught up in the scandal, The Australian reported.

The analytics firm is claimed to have used the data to build software that predicted political preferences and also enabled targeted advertising.

IMF Bentham's investment manager Nathan Landis said that most awards for such offences ranged from $1000 to $10,000, which could mean an outlay of between $300 million and $3 billion for Facebook.

Landis said the privacy commissioner would have to determine how serious the breach was. Else, the possibility of a class action was not ruled out.

Cambridge Analytica was shut down in May after Facebook came clean about the extent of the data that was provided to the firm.

A Facebook spokesman was quoted as saying: "We are fully co-operating with the investigation currently under way by the Australian Privacy Commissioner and will review any additional evidence that is made available when the UK Office of the Information Commissioner releases their report.”

FREE SEMINAR

Site24x7 Seminars

Deliver Better User Experience in Today's Era of Digital Transformation

Some IT problems are better solved from the cloud

Join us as we discuss how DevOps in combination with AIOps can assure a seamless user experience, and assist you in monitoring all your individual IT components—including your websites, services, network infrastructure, and private or public clouds—from a single, cloud-based dashboard.

Sydney 7th May 2019

Melbourne 09 May 2019

Don’t miss out! Register Today!

REGISTER HERE!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the sitecame into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

 

Popular News

 

Telecommunications

 

Guest Opinion

 

Sponsored News

 

 

 

 

Connect