Facebook users may get 750$ after data leakage-Are you in the list?

Privacy in Facebook:

Facebook has been in the front page for quite some. time because of the data leak of 87 million FB users includes 5.67 Lakhs of Indian users.

In the recent press meet, Zuckerberg has accepted the blame. He feels that still he is the right person to head the company.

“When someone is building anything like Facebook, which has been first of its kind, things like this will happen and we have to learn from the mistake”. – he added.

Zuckerberg  in the recent interview said that there are no quick fixes yet for the data leak issues. 

If you want to download your data from facebook, please check here which has the step by step process to do the same.

WILL YOU BE ELIGIBLE?

Facebook is in the limelight for almost a month involving the data breach of more than 50 million users.

The company have confirmed that what happened with Cambridge analytics through app doesn’t happen again through a new app. But what happened in past doesn’t change.

Fcebok promises that it will work through and build a better, secure service overall.

Click here to see if you are a victim of the data leak.

HOW MUCH IS YOUR PRIVATE DATA VALUED?

Even many of us aren’t sure what data are ours compromised. What way we are affected, how do we are affected, directly or indirectly- still the questions are unanswered for many. Few have even uninstalled their apps, deleted their accounts to an extreme.

Seeing the numbers rumoured of how much our data costs, we are shocked that the data of ours are valued that much? let’s see here.

One lawyer has claimed that the victims of the data breach could be eligible for receiving a huge amount of cash.  Maureen Mapp a law professor had said Facebook could be fined a hefty sum of 880 billion USD.

According to the users data harvested to influence the users and cause damages which could entitle for a huge amount in cash.

There’s almost 5 million users data is being harvested as per recent data. When we calculate with it each individual may be given 17,500 USD as damages.

Will Facebook pay you a hefty amount?

Facebook is billion ($445) dollar worth company. When such damage claim is data it could cause serious problem to the company.

One data protection lawyer, has estimated that actual amount would be lot less than $17,500 

“I think it will be much more realistic around $700 per user, the compensation will depend on the level of distress suffered but Facebook could be facing around $700 USD, to every user whose personal data are compromised.

But its not sure how hard they can comeback and regain trust.  Will adding money to our bank balance, which mostly will go as a rumour help?

 

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