The U.K. regulator was investigating misuse of Facebook users' personal data in political campaigns.
Key Points
The U.K. Information Commissioner's Office ordered Facebook to pay £500,000 last year for "serious breaches" of data protection law related to the Cambridge Analytica scandal.Signage is displayed outside Facebook Inc. headquarters in Menlo Park, California, U.S., on Tuesday, Oct. 30, 2018.reached an agreement with the U.K. data regulator on Wednesday over an investigation into the misuse of Facebook users' personal data in political campaigns.
"We are pleased to have reached a settlement with the ICO. As we have said before, we wish we had done more to investigate claims about Cambridge Analytica in 2015," Facebook attorney Harry Kinmonth said in a statement.
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