At a Facebook event in Brussels last Wednesday, COO Sheryl Sandberg announced that they will be introducing a global privacy settings hub on their social media platform, as well as other major privacy changes this year.
Sandberg also revealed that they have assembled “the largest cross functional team” in the history of its family of companies in preparation for the General Data Protection Regulation.
Under the GDPR, Facebook could be threatened with billions of dollars in fines. Experts noted that this gives the social media giant more than enough incentive to meet EU’s new privacy standards.
Sandberg added that Facebook apps have “focused on giving people transparency and control”. However, a number of privacy advocates have long criticized the company for rolling out shifts and tweaks that give it more ways to exploit user data while encouraging people to give up more of their privacy.