Facebook hit with maximum UK penalty for data leak
Facebook has been hit with an A$895,000 financial penalty over a data leak to political consulting firm Cambridge Analytica, according to a report in the AFR. The fine was issued by Britain's Information Commissioner Office (ICO), which accused Facebook of "not protecting user data and failing to be transparent about how it shard information with third parties". The ICO will be expanding its investigation into data and politics, looking closely at possible Brexit-related offenses as well. Like we said in yesterday's Pulse covering the same topic, it's just a matter of time before the data infractions by big tech and social media companies are exposed due to mounting regulatory pressure.