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Meta settles Cambridge Analytica privacy lawsuit in Australia for $31.8 million

( December 17, 2024, 01:01 GMT | Official Statement) -- MLex Summary: Meta Platforms has reached a settlement with the Australian privacy watchdog to end a four-year-long civil proceedings over a high-profile data breach involving consultancy Cambridge Analytica. In a statement today, the Office of the Australian Information Commissioner said that the regulator has agreed to a A$50 million ($31.8 million) payment program under an enforceable undertaking from Meta to settle the civil penalty proceedings filed in 2020. The statement added that the payment scheme will be open to eligible Australian Facebook users impacted by the Cambridge Analytica privacy breach. The regulator said that the settlement follows a court-ordered mediation, which has been ongoing since February 2024.The full statement from the Office of the Australian Information Commissioner and the enforceable undertaking follow:...

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