The Australian Information Commissioner has reached a $50 million settlement with Meta Platforms, Inc. to resolve civil penalty proceedings related to the Cambridge Analytica scandal. The payment program aims to compensate Australian Facebook users impacted by the breach of privacy. The scheme is structured into two tiers, offering a base payment for those with generalized concerns and a specific payment for those who can prove loss or damage. The third-party administrator will oversee the process, with applications expected to open in the second quarter of 2025. Individuals are warned about potential scammers exploiting the situation, advising caution and vigilance against fraudulent schemes.
https://www.oaic.gov.au/news/media-centre/landmark-settlement-of-$50m-from-meta-for-australian-users-impacted-by-cambridge-analytica-incident