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Payments News » Facebook Agrees to Pay UK Data Watchdog’s Cambridge Analytica Fine but Settles Without Admitting Liability

Facebook has reached a settlement with the U.K.’s data protection watchdog, the ICO, agreeing to pay in full a £500,000 (~$643K) fine following the latter’s investigating into the Cambridge Analytica data misuse scandal. As part of the arrangement, Facebook has agreed to drop its legal appeal against the penalty. But under the terms of the settlement it has not admitted any liability in relation to paying the fine, which is the maximum possible monetary penalty under the applicable U.K. data protection law. (The Cambridge Analytica scandal predates Europe’s GDPR framework coming into force.)”

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