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May 2, 2019 07:19 pm GMT

Mark Zuckerberg could become Facebook's 'designated compliance officer'

Facebook may be facing more than just a $3 to $5 billion fine from the Federal Trade Commission.

According to a report in Politico, the FTC may require Facebook to create a privacy oversight committee as well as appoint a “federally approved privacy official” at the company. The committee would be “independent” but could consist of Facebook board members. 

SEE ALSO: Mark Zuckerberg's cringey laugh was a slap in the face of Facebook's victims

The FTC could also designate Mark Zuckerberg as the company’s "designated compliance officer," in which he would assume personal accountability for Facebook's privacy failures.  Read more...

More about Facebook, Privacy, Data, Data Privacy, and Ftc

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/opLJli6X7GI/

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