Facebook hasn’t exactly had a faultless reputation concerning privacy throughout the years.
In 2009 it spent time convincing Facebook users to share as much information as possible with everybody else on the platform. There was a substantial backlash from these activities, but it wasn’t until 2014 that Facebook modified the default setting on accounts to buddies instead of public. And, as lately as 2016 there was an outcry when it was discovered that information was exchanged between Facebook and WhatsApp accounts.
Of course, it pays for Facebook to convince users to share as much information as workable, so that it can sell information on, or use it for marketing objectives.
Facebook and the General Data Protection Regulation (GDPR)
Once GDPR becomes law, on 25 May 2018, any firm that does not abide by could confront the imposition of costly penalties. The maximum possible fine is 20 million euros, or 4% of the yearly transaction, whichever is higher. Seeing at this from Facebook’s point of view, you can understand why a potential penalty of more than one billion euros won’t be welcome. It is with this view that Facebook is launching a secrecy hub. This implies that users will be able to cope with all security features of their account in one place. The capability to do this gives people greater control over their private data which is held on Facebook.
Facebook certainly looks to be deliberating when it comes to launching GDPR-friendly resolutions. It’s yet to see how compliant the social media titan will be when GDPR becomes a reality. Nevertheless, it appears certain that the business will be closely monitored particularly after it declared that data might not be shared between platforms once it acquired WhatsApp, only for that to take place two years later.