Join our followers
TikTok settles privacy lawsuit for $92 million
Monday, March 1, 2021
TikTok denies it has done anything wrong, but said in a statement: "While we disagree with the assertions, rather than go through lengthy litigation, we'd like to focus our efforts on building a safe and joyful experience for the TikTok community.”
Ilia Kolochenko founder and CEO of ImmuniWeb, says: “If approved by the judge, it will be a very favourable settlement for the wealthy defendant despite the comparatively large amount. The alleged conduct likely violates a wide spectrum of the US state and federal laws, and it seems that some private plaintiffs and state attorneys general didn’t participate in the lawsuit because of the pandemic.”
He says, importantly, this settlement does not preclude other claims TikTok may get in the future from plaintiffs who didn’t participate in this class action.
"In any case, however, this settlement is a colourful example of how a lack of transparency or questionable privacy practices will not be tolerated in the US anymore,” he adds.
The US vigorously follows the EU way of strong privacy protection, both on a federal and a state level.
“Under Joe Biden's administration, we can expect more regulatory scrutiny and probably even a federal privacy law for all 50 states,' says Kolochenko. "They should, however, be prudent not to over-regulate and make the business of some companies impossible by new compliance costs.” Read Full Article
teiss: TikTok to pay $92m to settle class-action lawsuit on severe privacy violations
Data Center Knowledge: Critical VMware vSphere Vulnerability Is a Must-Patch
