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Prison for Facebook CEO Zuckerberg should be considered




Sen. Ron Wyden (D-OR)

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U.S. Senator Ron Wyden (D-Oregon) suggested in an interview with Willamette Week that Mark Zuckerberg should serve a prison sentence for lying to US citizens if Facebook's privacy lapses.

"Mark Zuckerberg has repeatedly lied to the American people about privacy," Senator Wyden said in the interview. "I think he should be held personally liable, which is everything from financial fines to ̵[ads1]1; and let me emphasize this – the possibility of prison sentences. Because he hurt a lot of people. And by the way, there's a precedent for this: In financial services, director and executives wonder about the economy, they can be held personally accountable. "

An editorial from Willamette Week quoted a University of Oregon professor, Tim Gleason, as saying" the likelihood of criminal action is quite slim. "Zuckerberg has escaped questions from shareholders if he would be willing to resign as CEO or Chairman of Facebook.

Senator Wyden introduced a bill in 2018, the Consumer Data Protection Act, that would give the FTC the power to crack down on companies that violate consumer privacy. The bill says leaders can face up to 20 years in prison and up to a personal fine of $ 5 million.

In July, the US Federal Trade Commission fined $ 5 billion Facebook, the largest the FTC has ever imposed on a tech company, after it began investigating its privacy practices in March 2018. The FTC focused on a massive data breach that gave Cambridge Analytics access to private data from 87 million Facebook users. Facebook, the FTC said, should tell users when their data was used by third-party companies.

The SEC also announced that Facebook will pay a $ 100 million fine to mislead investors about the risks it posed by misusing user data. "For more than two years, Facebook's public disclosures presented the risk of misusing user data only hypothetically when Facebook knew that a third-party developer had actually misused Facebook user data," the SEC said in July.

Read more about Willamette Week.

Follow @CNBCtech on Twitter for the latest technological product news.



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