Facebook Fined £500,000 for Cambridge Analytica Data Scandal

Facebook has finally been slapped with its first fine of £500,000 for allowing political consultancy firm Cambridge Analytica to improperly gather and misuse data of 87 million users. The fine has been imposed by the UK's Information Commissioner's Office (ICO) and was calculated using the UK's old Data Protection Act 1998 which can levy a maximum penalty of £500,000 — ironically that’s