News has surfaced that Twitter sold data access to the Cambridge University academic who also obtained millions of Facebook Inc. users’ information that was later passed to a political consulting firm without the users’ consent.
This sort of data sharing will no longer be possible as GDPR comes into force on 25 May, Ilia Kolochenko, CEO of web security company, High-Tech Bridge commented below.
Ilia Kolochenko, CEO at High-Tech Bridge:
“Some experts are concerned about potential over-regulation with the upcoming enforcement of GDPR. However, exactly such incidents may well justify severe regulation of the personal data market. Twitter, for example, has already adjusted its Terms of Service and Privacy to comply with the new European regulations.
On the other side, users of all free services should clearly understand that social networks are not charities, and have to pay millions per day for their operations. Thus, they will predictably use all available avenues to generate revenue. Therefore, keep in mind that all you share or write online can be used against you one day or become public.”