Sydney: Australia could claim a hefty compensation over Facebook data leak scandal.
Facebook data leak scandal could enforce the company to pay huge compensation to Australia. The company previously accepted the data leak of millions of users including 300,000 Australians.
Under the Australian law, all companies must take adequate actions to ensure the confidentiality of the personal data. However, IMF Bentham collaborate with a law firm to file a complaint with Office of Australian Information Commissioner (OAIO).
IMF released a statement that they are seeking compensation for Facebook users arising from the breach of Australian Privacy Principles of the Privacy Act 1988. They further added that the social media giant was aware about the data leak, but it did inform users about that.
A few months back, the Facebook data leak scandal got the world’s attention. The British firm, Cambridge Analytica got data of millions of Facebook users. Facebook believed that the information would remain in safe hands and data would be deleted. However, Cambridge Analytica’s representatives later revealed that they purchased data from a person who owns application “This Is Your Digital Life”. Facebook faced intense criticism from the public and it also resulted in the drop in their share prices.