New Mexico court fines Meta over Cambridge Analytica
A New Mexico court ordered Meta to pay a $25 billion fine due to the Cambridge Analytica data breach scandal.
A New Mexico court imposed a $25 billion fine on Meta over the Cambridge Analytica data breach scandal. This decision was recorded as the largest penalty ever given to the company.
Judge Francis Mathew finalized the $25 billion penalty after a jury found the company liable in September for violating the state's consumer protection laws. New Mexico Attorney General Raul Torrez stated that this decision serves as a clear message for Silicon Valley. Under state laws, this penalty amount is planned to be allocated to educational expenses.
The foundation of the lawsuit dates back to Facebook collecting data belonging to approximately 87 million users through a third-party personality test and selling it to Cambridge Analytica. Following these developments, Meta is expected to appeal the court ruling.
Sources
- haber7.com · Link