Twitter Could Face $250M FTC Fine Over Improper Data Use

Twitter may be facing a Federal Trade Commission (FTC) fine of up to $250 million, after the social media giant last year revealed the improper use of users’ email addresses and phone numbers.

In October 2019, Twitter acknowledged that user phone numbers and email addresses gathered for security purposes, as part of its two-factor authentication (2FA) policy, may have been used for targeted advertising between 2013 and 2019. It claimed that the move was an accident.

Fast forward to this week, in a 10-Q form filed with the Securities and Exchange Commission (SEC), the company said that on July 28, 2020, it received a draft complaint from the FTC regarding the incident.

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Source: ThreatPost