The Social Network Giant was recently been slapped with a fine of £500,000 which they have chosen to appeal. The fine was imposed for contravention of the provisions to the Data Protection Act, 1998 in the UK. Apparently, that is the maximum fine that can be imposed under the aforementioned Act. An overview of the FaceBook Cambridge Analytica Case Popularly known as the Cambridge Analytica case, this scandal created ripples in the world of the internet. The social media giant recently found itself in the midst of a legal battle, which ended in the ICO slapping the social media firm with the maximum fine imposable under the infringed legislation. The Impact and Consequences In March 2018, Facebook’s stock price saw a deep dip due to the Cambridge Analytic scandal, in which the ethical standards of the online social media firm had been questioned. In this ugly episode, Cambridge Analytica allegedly accessed and used the personal data of over 87 million FaceBook users, for pol
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