Express Computer
Home  »  Internet  »  Facebook submits comments on data portability to US trade panel

Facebook submits comments on data portability to US trade panel

0 193

Facebook on Friday submitted official comments to the US Federal Trade Commission (FTC) ahead of its September 22 public workshop “to examine the potential benefits and challenges to consumers and competition raised by data portability”.

After months of negotiations, Facebook reached an agreement with the FTC in July last year that provides a comprehensive new framework for protecting people’s privacy and the information.

In reaching this settlement, it agreed to pay a $5 billion penalty — multiple times what any previous company has paid the FTC — in order to resolve allegations that it violated users’ privacy in the Cambridge Analytica scandal involving 87 million users.

“We are pleased to see the FTC devoting a full workshop to data portability, and we look forward to participating. We believe data portability can give people control and choice, while also fostering innovation,” the company said in a statement on Friday.

Last year, Facebook published a white paper that explores the privacy questions as it builds a new generation of data portability tools.

“Since then, we’ve had conversations with stakeholders around the world to get feedback about what data should be portable and how to ensure that we protect privacy when enabling data transfers,” Facebook said.

In parallel, said the social network, it will continue to develop products that take into account the feedback it has received, like “a portability tool that allows people to transfer their Facebook photos and videos to other services”.

“We encourage the FTC to examine portability in practice… so that companies implementing data portability have the clear rules and certainty necessary to build privacy-protective products that enhance people’s choice and control online,” it added.

Facebook also paid $100 million to the Securities and Exchange Commission (SEC) that alleged that the social network should have had better processes in place to ensure disclosure to investors of data abuse like what occurred with Cambridge Analytica.

–IANS

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image