Facebook again. Again.

“EU May Fine Facebook $1.63 Billion Over Breach,” The Wall Street Journal, October 1, 2018 B1.  The hack of 50 million Facebook users reported earlier may lead to a large fine against Facebook (4 times its annual revenue).  The regulator in Europe has demanded more information.

Impact of stock value not reported.

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Filed under Compliance, Compliance (General), Controls, Corporation, Directors, Duty, Governance, Information, Internal controls, Investor relations, IT, Oversight, Protect assets, Security, Value

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