"Facebook has agreed to pay a settlement of $550 million related to a claim filed for FB's facial recognition technique," said Facebook this Wednesday. The incident that appeared in Illinois is said to be a great triumph for privacy organizations as it raises the question of privacy laws of the company Facebook which is already among the controversies of data laws. The issue emerged from FB's image labeling technique named 'Tag Suggestions,' which uses facial recognition techniques to suggest the name of users present in the photo.
The company that has filed lawsuit accused Facebook of collecting the facial data of the company's employees that violate Ilionis Biometric Privacy law. It accuses Fb of storing data of millions of users for Tag suggestions without the knowledge of the company's employees and also without them knowing how long the data will be kept. Facebook has dismissed the allegations saying it has no basis of proof. As per the settlement, FB has to pay $550 Million as legal fees to the affected users of the Illinois company. This payment even surpasses the $380 Million amount that the reporting agency 'Equifax' had agreed to pay for the settlement of a 2017 consumer data breach incident.
"Facebook agreed to settle the case by giving back what was rightful to the community and in the ..
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