Xenace Logo
Call Us: 0333 444 44 02
Email: info@xenace.com
  • Home
  • Blog
  • Facebook Scandal: How Facebook's Fine Signals GDPR Warning

Facebook Scandal: How Facebook's Fine Signals GDPR Warning

We have all signed up for newsletter, apps and websites in the hope of money off or the chance to win that perfect holiday. But what does this mean for businesses?

In the wake of the Facebook scandal, the Information Commissioner’s inquiry was set up to look into the misuse of Facebook data. This has now expanded to take in the vast work of online data selling and brokering by companies.

Described as “new oil”, data has become a hot commodity with companies set up just to broker the sale of consumers details. The industry, however, remains largely unregulated, even with the introduction of the GPDR in the EU, this only requires users to be informed of how their data is being used.

But while some companies were unsure how, and if they would be penalised for non-compliance of the new GDPR rules, last weeks' fining of Facebook should come as a warning. Pledging to fine the social media company £500,000 for their Cambridge Analytica scandal (the maximum amount under the Data Protection Act 1998 as the event occurred before the new GDPR rules). Companies can now, however, be fined up to 4% of global annual turnover.

Adrian Newby, chief technology officer at Crownpeak, parent company to privacy vendor Evidon said “For anybody wondering whether GDPR would have more enforcement teeth, …the ICO’s comments on the Facebook/Cambridge Analytica case should leave them in no doubt”

Facebook are not the only ones who are being penalised. Other companies are facing hefty fines for their inability to comply with GDPR and the secure handling of customers data.

Here at Xenace, we offer a Tamperproof archiving system providing your company peace of mind and security alongside our other IT services and products. Get in contact with us today and we can discuss how we can help you.  

Latest Tweets
Contact Details
  • London (Head Office)
    71-75 Shelton Street
    Covent Garden
    London, WC2H 9JQ
  • Phone: 0203 890 5533
  • Essex Office
    Innovation Centre
    Boundary Road, Colchester
    Essex, CO4 3ZQ
  • Phone: 01206 911 363
  • Kent Office
    Media House, 99-101 High Street
    Kent, BR6 0LG
  • Phone: 01689 493 366
  • Email: info@xenace.com
  • Monday - Friday: 8:30 am - 6:00 pm
    Saturday - Sunday: Closed
Get in Touch
© 2021 Xenace Ltd. Terms & Conditions | Privacy Policy