Facebook publishing its privacy principles for the first time

Vastavam web: Facebook said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law.The videos will show users how to manage the data that Facebook uses to show them ads, how to delete old posts, and what happens to the data when they delete their account, Erin Egan, chief privacy officer at Facebook, said in a blog post.

Facebook, which has more than 2 billion users worldwide, said it had never before published the principles, which are its rules on how the company handles users’ information.Under GDPR, companies will be required to report data breaches within 72 hours, as well as to allow customers to export their data and delete it.Facebook’s privacy principles, which are separate from the user terms and conditions that are agreed when someone opens an account, range from giving users control of their privacy, to building privacy features into Facebook products from the outset, to users owning the information they share.

Also among the company’s privacy principles are helping users understand how their data is used, keeping that information secure, constantly improving new controls, and being accountable to regulators.“We put products through rigorous data security testing. We also meet with regulators, legislators and privacy experts around the world to get input on our data practices and policies,” the blog post said.The GDPR drastically increases the level of fines for companies found to be in breach of data protection law, potentially rising as high as 4 percent of global annual turnover or 20 million euros, whichever is higher.Facebook has faced probes from EU regulators over its use of user data and tracking of online activities.