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Meta has concord to a $ 50 million payment program to settle a long - running proceedings in Australia related to abuse of entropy for political ad targeting , the country ’s information watchdog OAICannouncedTuesday .
The settlement have-to doe with the2018 Cambridge Analytica scandal , when data on gazillion of Facebook substance abuser was exfiltrated without their noesis or consent by a developer on its platform . The OAIC sued Facebook inMarch 2020 — quest for damage for the 300,000 + local users believed to have been caught up in the data point stickup .
A long legal cognitive operation followed , but Meta has now agreed to anenforceable undertakingthat ends civil penalty proceedings . Although , not for the first timevis - à - vis this matter , Meta is not admitting financial obligation .
Under the settlement , the society has agree to establish a defrayal program for eligible Facebook exploiter who “ may have suffered loss or damage as a result of encumbrance with their concealment . ”
In a statement , information commissioner Elizabeth Tydd say the resolution is “ the expectant ever payment give to addressing concerns about the concealment of mortal in Australia ” — give “ potentially touch on Australians an chance to look for redress ” while finish a “ lengthy court process . ”
Meta spokesman Matthew Pollard claimed the fellowship had settled on a “ no admissions groundwork , as it is in the best interest of our community and shareholders that we shut this chapter on allegement that relate to retiring practices no longer relevant to how Meta ’s ware or systems work today . ”
