7.1 trillion dollars can be fine for Facebook

Zuckerberg in Washington's Capital Hill on Monday to attend congressional hearing.

This week is very important for Facebook. Chief Executive Mark Zuckerberg will be present in the US Congress tomorrow.

He will have to answer the multifaceted problems of social media. But in the event of theft of billions of customers' information, the company is likely to face more difficulties. The United States Central Trade Commission (FTC) can penalties Facebook on the amount that it will be unable to pay, one of the richest companies in the world.

Facebook has reached an agreement with FTC in 2011. It was said that Facebook will not create obstacles in the confidentiality and security of its personal information. That's why Facebook has to get subscriber's permission. Facebook will be committed to the security of billions of subscribers' privacy. Facebook has not been created to destroy the privacy of the people. FTC will ensure that this issue is correct.

That was the highest penalty of 41 thousand 484 US dollars. The influential journal The Washington Post estimates that the FTC could penalize approximately $ 7.1 trillion dollars for the recent US user data stolen and information from the London-based political consultant Cambridge Analyst.
Perhaps FTC may not be fined so big. But if FTC gets evidence of violation of Facebook's 2011 commitment, there is no doubt that it is going to pay a bigger fine. And this will be the worst danger in Facebook.

Would you like to add some points?
Than comment and also Follow me