How To Apply For Your Share Of Facebook’s Recent $725 Million Privacy Lawsuit

Here’s a shocker: Facebook is being forced to pay a whopping $725 million in a settlement following a number of lawsuits claiming they violated users’ privacy. This is in addition to another class action lawsuit for $650 million for storing and collecting the biometric data of nearly 1.3 million Illinois residents without their knowledge or consent.

A little over a year ago, the FTC made several amendments to the existing Safeguards Rule requiring even very small organizations to ensure the protection of client data. These changes, set to go into effect back in December of 2022, are now going to be enforced starting June 9, 2023 - and it's very likely that your company, regardless of how small or how your tech is being handled, WILL be required to implement certain new security protocols.