News

Twitter to pay USD 150 mln over user data privacy

Thursday 26 May 2022 15:01 CET | News

Social media platform Twitter has failed to protect the privacy of users’ data for six years and has been ruled by the Justice Department and the Federal Trade Commission in the US to pay USD 150 million in penalties.

The regulatory bodies claim Twitter didn’t comply with a 2011 FTC order and deceived users about how it protected the privacy and security of non-public contact information, between May 2013 and September 2019. Throughout the time, Twitter told its users that it collected their email addresses and phone numbers for account security purposes but failed to disclose that it also used the information to enable companies to send targeted online ads to users on the platform. 

Moreover, Twitter falsely claimed that it complied with US privacy agreement with the European Union and Switzerland which prohibit companies from processing users’ personal data in any other ways than the one specified and authorised by them. 

According to the lawsuit claims, these practices affected over 140 million users out of a total of 229 million users worldwide, while significantly boosting the platform’s primary source of revenues.

More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: data protection, data breaches, regulation, data privacy, online platform, digital identity
Categories: Fraud & Financial Crime
Companies: Federal Trade Commission, Twitter
Countries: World
This article is part of category

Fraud & Financial Crime

Federal Trade Commission

|

Twitter

|
Discover all the Company news on Federal Trade Commission and other articles related to Federal Trade Commission in The Paypers News, Reports, and insights on the payments and fintech industry:





Industry Events