US hits Twitter with US$150m fine over privacy breach

SAN FRANCISCO, May 26 — Twitter agreed to pay US$150 million to settle allegations the platform gave advertisers some user information that was supposed to be employed to strengthen account security, US authorities said Wednesday.

The personal information that users hand over to tech companies, and how that data gets used, is a front of repeated conflict between regulators and powerful firms like Facebook parent Meta, Twitter and others. The security technique involves augmenting passwords with one-time codes sent by text or email messages.

Along with agreeing to pay US$150 million, Twitter will implement new measures including having its privacy program regular evaluated by an independent assessor, the settlement deal indicated.

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US consumers in strong financial position, says FedWASHINGTON, May 24 — US families were in the best financial position in nearly a decade last year — before the Omicron variant of Covid-19 hit, the Federal Reserve said...
Source: malaymail - 🏆 1. / 86 Read more »

SG fashion brand fined S$24,000 over 2019 data breach involving over 5,500 customersSingapore fashion label Love, Bonito has been fined S$24,000 (RM76,897) over a 2019 data breach which saw personal information of more than 5,500 customers compromised.
Source: staronline - 🏆 4. / 75 Read more »

Ringgit opens marginally higher against greenbackKUALA LUMPUR, May 25 — The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US...
Source: malaymail - 🏆 1. / 86 Read more »