Fb-parent Meta settles with Australia’s privateness watchdog over Cambridge Analytica lawsuit

(Reuters) – Meta Platforms (NASDAQ:META) has agreed to a A$50 million settlement ($31.85 million), Australia’s privateness watchdog stated on Tuesday, closing long-drawn, costly authorized proceedings for the Fb guardian over the Cambridge Analytica scandal.

The Workplace of the Australian Info Commissioner had alleged that private info of some customers was being disclosed to Fb’s persona quiz app, That is Your Digital Life, as a part of the broader scandal.

The breaches had been first reported by the Guardian in early 2018, and Fb acquired fines from regulators in the US and the UK in 2019.

Australia’s privateness regulator has been caught up within the authorized battle with Meta since 2020. The private information of 311,127 Australian Fb customers was “uncovered to the danger of being disclosed” to consulting agency Cambridge Analytica and used for profiling functions, in response to the 2020 assertion.

It satisfied the excessive court docket in March 2023 to not hear an enchantment, which is taken into account to be a win that allowed the watchdog to proceed its prosecution.

In June 2023, the nation’s federal court docket ordered Meta and the privateness commissioner to enter mediation.

“Right now’s settlement represents the biggest ever cost devoted to addressing considerations concerning the privateness of people in Australia,” the Australian Info Commissioner Elizabeth Tydd stated.

Cambridge Analytica, a British consulting agency, was recognized to have stored private information of tens of millions of Fb customers with out their permission, earlier than utilizing the info predominantly for political promoting, together with aiding Donald Trump and the Brexit marketing campaign within the UK.

A Meta spokesperson informed Reuters that the corporate had settled the lawsuit in Australia on a no admission foundation, closing a chapter on allegations relating to previous practices of the agency.

($1 = 1.5699 Australian {dollars})