Internationally-renowned social media network, Facebook and the Federal Trade Commission are calling a truce in their ongoing battle regarding privacy laws.
On Tuesday, Facebook agreed to submit to government audits of their privacy practices every other year out of the next 20 years following revelations made by the FTC regarding their privacy structure. According to the FTC, Facebook misled their 800 million user base about the sanctity of their personal information.
The eight complaints levied by the FTC against Facebook stem from changes made by the social media hub when handling user information in December 2009. Allegedly, Facebook shared said information with various third-party websites and advertisers once a user clicked on an advertisement on his or her page. Additionally, Facebook continued to allow access to user photos and videos once they were deleted from the website.
Hoping to avoid possible sanctions, Facebook CEO, Mark Zuckerberg agreed to a settlement where the social network had to conform to privacy audits. According to Zuckerberg, in a blog post on Tuesday, Facebook made various mistakes in handling their privacy measures but committed to making them more stringent going forward.
“Facebook has always been committed to being transparent about the information you have stored with us — and we have led the Internet in building tools to give people the ability to see and control what they share,” Zuckerberg said.
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