doesn't address key privacy concerns, the social media company's former chief security officer said Wednesday.with Facebook over how it handled user data, including the Cambridge Analytica scandal. The order includes several provisions to create privacy oversight for the company, such as the creation of a privacy committee.
"It seems to me that we are actually going two different directions that are not compatible. If you want these companies to have competition, then you need to require them to allow other people to utilize the data they sit on," Stamos said. The members of the privacy committee will be appointed by an independent nominee committee and can only be fired by a super majority of Facebook's board, according to the FTC. The order also requires Facebook CEO Mark Zuckerberg to certify that the social media company is in compliance with the privacy program in the settlement on a quarterly basis.
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