Online Security: Facebook Responds to FTC’s Privacy Plans

Facebook has responded to the proposed Federal Trade Commission privacy regulations, arguing for a self-regulated industry rather than a government-enforced rule to avoid “stifling innovation.” Facebook wrote to the FTC that new rules should take into account “individuals’ evolving perceptions of privacy,” according to this article on The Huffington Post. The article quotes Facebook’s chief privacy counsel: “For Facebook — like most other online service providers — getting this balance right is a matter of survival. If Facebook fails to protect the privacy of its users adequately, those users will lose trust in Facebook and will stop using the service.” The full 29-page letter can be found here.