Facebook $5 billion fine is the “Sarbanes Oxley for Privacy”

FTC Commission Noah Phillips states the Facebook fine is “Sarbanes Oxley for Privacy” per the IAPP article. Will this change how companies process and handle information in the US and throughout the world?

Further, the WSJ reports that Zuckerberg must personally certify privacy protections will be implemented throughout Facebook.

Last, some lawmakers feel the fine is not enough according to Politico.

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