As of 2019, Facebook recorded the largest penalty ever imposed on a company for the violation of consumers' privacy, amounting to five billion U.S. dollars. This was also one of the largest penalties ever assessed by the U.S. government for any violation. The second highest penalty for violating consumer privacy, as of 2019, was the 275 million U.S. dollar fine issued to Equifax.
Highest penalties in privacy enforcement actions in 2019
(in million U.S. dollars)
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Federal Trade Commission. (July 24, 2019). Highest penalties in privacy enforcement actions in 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/
Federal Trade Commission. "Highest penalties in privacy enforcement actions in 2019 (in million U.S. dollars)." Chart. July 24, 2019. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/
Federal Trade Commission. (2019). Highest penalties in privacy enforcement actions in 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/
Federal Trade Commission. "Highest Penalties in Privacy Enforcement Actions in 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 24 Jul 2019, https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/
Federal Trade Commission, Highest penalties in privacy enforcement actions in 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/ (last visited September 01, 2024)
Highest penalties in privacy enforcement actions in 2019 (in million U.S. dollars) [Graph], Federal Trade Commission, July 24, 2019. [Online]. Available: https://www.statista.com/statistics/1192832/highest-penalties-in-privacy-enforcement-actions/