Allegations of
the improper use of data for 87 million Facebook users by Cambridge Analytica, which was hired by...
Germany's justice minister has asked Facebook
Chief Executive in a letter to be transparent with users by giving them more control, saying allegations of the improper use of data for millions of people is unacceptable, a German media group reported on Thursday.
BERLIN (Reuters)- Germany's justice minister has asked Facebook (FB.O) Chief Executive in a letter to be transparent with users by giving them more control, saying allegations of
the improper use of data for millions of people is unacceptable, a German media group reported on Thursday.
The ICO has sought a warrant to obtain evidence from Cambridge Analytica as part of its investigation into Facebook and related parties for
improper use of data; more stringent enforcement powers for the ICO, and potentially group litigation, may well follow.
Allegations of
the improper use of data for 87 million Facebook users by Cambridge Analytica, which was hired by President Donald Trump's 2016 US election campaign, has hurt the shares of the world's biggest social network and prompted multiple official investigations in the United States and Europe.
Executives met with staff for the House Energy and Commerce Committee on Wednesday for nearly two hours to discuss the allegations of
improper use of data on 50 million users by political consultancy Cambridge Analytica.
Authorities in Britain and the United States are investigating the alleged
improper use of data harvested from tens of millions of Facebook users by Cambridge Analytica, which worked on U.S. President Donald Trump's 2016 campaign.
The ramifications of
improper use of the data could include identity theft, mortgage fraud and break - ins.
Not exact matches
New revelations from The New York Times and an admission from Facebook about the
improper use of user
data by Cambridge Analytica have once again thrown a spotlight on the technology industry's inadequate privacy protections.
Mr. Zuckerberg said Facebook would be «investigating many apps, tens
of thousands
of apps, and if we find any suspicious activity, we're going to conduct a full audit
of those apps to understand how they're
using their
data and if they're doing anything
improper.
Facebook has been at the center
of a hectic debate about Cambridge Analytica and the company's
improper use of Facebook
data.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many
of the Company's customers were
using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood
of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and
improper collection practices; (v) the Company had understated the number
of its non-performing loans in the Registration Statement and Prospectus; (vi) because
of the Company's
improper lending, underwriting and collection practices it was subject to a heightened risk
of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer
data; (ix)
data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks
of penalties and financial and reputational harm; and (x) as a result
of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
Cambridge Analytica has repeatedly denied wrongdoing or
improper use of Facebook
data.
Before a single child's information is turned over to any 3rd party, policymakers should give assurance to parents and educators that no harm will come to Tennessee school children by adopting the following principles: The state and districts should be required to publish any and all existing
data sharing agreements in printed and electronic form, and include a thorough explanation
of its purpose and provisions, and make it available to parents and local school authorities statewide; The Department
of Education should hold hearings throughout the state or testify before the legislature to explain any existing
data agreement, and answer questions from the public or their representatives, obtain informed comment, and gauge public reaction; All parents should have the right to be notified
of the impending disclosure
of their children's
data, and provide them with a right to consent or have the right to withhold their children's information from being shared; The state should have to define what rights families or individuals will have to obtain relief if harmed by
improper use or release
of their child's private information, including how claims can be made; and finally, any legislation must ensure that the privacy interest
of public school children and their families are put above the interests
of any 3rd Party and its agents and subsidiaries.
Thus, if a Member is soliciting for options, then any pricing
data that is
used must refer to the historical premium value
of the option that most closely resembles the type
of option that is being marketed; it would be
improper, for example, to cite historical price moves relating to at - the - money options when marketing out -
of - the - money options.
(2) From the group
of borrowers identified under paragraph (d)(1)
of this section, the
data manager identifies a sample that is large enough to derive an estimate, acceptable at a 95 percent confidence level with a plus or minus 5 percent confidence interval, for
use in determining the number
of borrowers who should be excluded from the calculation
of the program cohort default rate due to
improper loan servicing or collection.
We take steps to guard against unauthorised access,
improper use, alteration, destruction, and accidental loss
of personal
data.
Then, instead
of throwing out the
data as hopelessly compromised and starting the experiment over with these factors corrected, you (a) do a study estimating how miscalibrated, how defective and how improperly located your instruments were and apply adjustments to all past
data to «correct» the
improper reading, (b) you do a study to estimate the effect
of the external factors at the time you discover the problem and apply adjustments to all past
data to «correct» the effects
of the external factors even though you have no idea what the effect
of the external factor actually was for a given instrument at the time the
data was recorded, because you only measured the effect years later and then at only some locations, (c) you «fill in» any missing
data using data from other instruments and / or from other measurements by the same instrument, (d) you do another study to determine how best to deal with measurements from different instruments over different time periods and at different locations and apply adjustments to all past
data to «correct» for differences between readings from different instruments over different time periods at different locations.
The climate community does not seem to exercise such care, and when their poor
use of methods is pointed out they just ignore it and carry on (I could give scores
of examples, from
improper use of principal components,
data mining,
data snooping, spatial correlation, upside down
data, single cause fallacy... and now uniform priors).
New revelations from The New York Times and an admission from Facebook about the
improper use of user
data by Cambridge Analytica have once again thrown a spotlight on the technology industry's inadequate privacy protections.
Facebook has been at the center
of a hectic debate about Cambridge Analytica and the company's
improper use of Facebook
data.
- Phone tweaks: brought back National
data roaming option - Ultimate notification control: — fixed
improper lights and vibration handling during quiet hours affecting mainly ongoing notifications — improved detection
of ongoing notifications belonging to foreground services — active Screen: added option for ignoring quiet hours (shows active screen during quiet hours)-- active screen: don't apply to ongoing foreground service notifications — active screen:
use direct wake up call instead
of full wake lock (should improve compatibility on some devices)-- active screen: improved check for proximity sensor state - Statusbar tweaks: added option for
using Lollipop signal icons (with full support for MediaTek Gemini)- Quick settings Network mode tile: added option for specifying 2G +3 G mode: — allows to choose whether to
use GSM / WCDMA Preferred or GSM / WCDMA Auto — tile icon indicates which 2G +3 G mode is set (2G / 3G or 3G / 2G)- Quick settings QuickRecord tile: — added option for choosing audio quality — added option for choosing auto - stop recording delay - PowerMenu: added option for hiding expanded desktop toggle in power menu - Launcher tweaks: adjusted for compatibility with Google Search 4.0.26 (thanks to theknut)- GravityBox Actions: — added action for clearing all notifications — added action for toggling auto brightness - GB App Picker: search field adjusted to allow inputting non-English characters (thanks to momomok)- Updated Polish translation (thanks to xtrem007)- Updated Portuguese (BR) translations (thanks to wyghor)- Updated Chinese (Simplified) translations (thanks to liveasx)- Updated Chinese (Traditional) translation (thanks to momomok)- Updated Hungarian translations (thanks to benjoe1)- Updated Italian translations (thanks to pesa1234)- Updated Russian translations (thanks to gaich)
Cambridge Analytica has repeatedly denied wrongdoing or
improper use of Facebook
data.
The proposed class action would represent people who bought Facebook shares from Feb. 3, 2017, when Facebook filed its annual report and cited security breaches and
improper access to user
data, through March 19
of this year, two days after a New York Times report revealed how
data from Cambridge Analytica obtained through Facebook were
used without «proper disclosures or permission.»
Authorities in Britain and the United States are investigating the alleged
improper use of Facebook
data by Cambridge Analytica, a U.K. - based political research firm.
Lawmakers in many countries may be focused on Cambridge Analytica's alleged
improper use of Facebook
data, but the social network's privacy problems go back more than a decade.
So what we announced there is, we're going to do a full investigation
of every single app that had access to a large amount
of people's
data, before 2014 when we lost out the platform, and if we detect anything suspicious, we're basically going to send in a team to do a full forensic audit, to confirm that no Facebook
data is being
used in an
improper way.
The proposed class action would represent people who bought shares
of Facebook from Feb. 3, 2017, when Facebook filed its annual report and cited security breaches and
improper access to user
data, through March 19, two days after a New York Times report revealed how
data from Cambridge Analytica obtained through Facebook was
used without «proper disclosures or permission.»
Chris Wylie, the whistle - blower who has alleged the knowingly
improper use of Facebook
data by Cambridge Analytica, says The Social Network ™ has suspended his account.