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The Federal Trade Commission (FTC) has inked a final settlement with Facebook over the company's privacy practices.
Under terms of the settlement, Facebook has agreed to provide users with "clear and prominent notice" anytime their information is shared. But before that can happen, Facebook must obtain its users' "express consent" before sharing any information that exists outside the auspices of its privacy settings. In addition, the agency will force Facebook to maintain a "comprehensive privacy program," and subject its service to biennial privacy audits.
The FTC first announced the settlement with Facebook back in November. Following that, the government organization gave the public time to comment. Today's announcement marks an official end to the investigation, and will now force Facebook to comply. If it doesn't, the company could be subject to civil penalties of up to $16,000 for each violation of the order.