The $5 billion fine levied against Facebook by the Federal Trade Commission is certainly headline news, but it also contains detailed requirements for privacy and information security governance and accountability that all companies can learn from and implement.

Big Picture Takeaways:

  • Facebook faces many detailed requirements for internal and external governance and oversight with

In most of the world, anonymous data are not considered personal data — the information can be shared and sold without violating privacy laws. Market researchers are willing to pay brokers for a huge array of data, from dating preferences to political leanings, household purchases to streaming favorites.

But this anonymous information may not be

A proposed New York City bill would make it illegal for cellphone companies and mobile app developers to share location data gathered while a customer’s mobile device is within the five boroughs.

The bill would restrict cellphone companies and mobile apps from sharing location data to situations where they were “providing a service explicitly requested”