PwC had cleared Facebook's privacy practices in leak period

PwC had cleared Facebook's privacy practices in leak period

The document explicitly stated that PwC believed that the social media platform was compliant with all of its responsibilities, prompting concerns surrounding the effectiveness of the FTC's measures, as well as the thoroughness of external audits. As part of the settlement, agreed to in 2011, Facebook would undergo outside audits every two years. The latest external audit was conducted by PricewaterhouseCoopers (PwC) in 2017.

Specifically, auditors say Facebook's analysis of privacy risk and efforts to protect user data in the period dating from February 2015 to February 2017 were adequate.

"Facebook protects covered information of users against unauthorized access", the company said.

However, Facebook has been identified to have both internal and external material risks that could result in any of Facebook's third-party apps collecting data without explicit permission from users.

The social media firm's privacy standards were given the thumbs up-right around the time when Facebook found out about the Cambridge Analytica data breach.

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An audit looking into Facebook's privacy and security practices cleared the company of wrongdoing despite continued attention on the Cambridge Analytica scandal, throwing into question the effectiveness of such audits.

Facebook initially discovered that the "thisisyourdigitallife" app's developer sold the harvested information of millions of users to Cambridge Analytica in 2015. The Senator wants stronger oversight to make sure user information is protected and not exploited by any means.

In 2011, the FTC investigated the social media giant and determined the company was being deceptive in communications to users about how the company managed user privacy.

Facebook made a statement following the scandal announcing that the website is dedicated to protecting people's information.

The Federal Trade Commission settled its charges with Facebook in 2011 with its Consent Decree.

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