Cambridge Analytica protests its innocence as the company files for bankruptcy

May 3, 2018 12:36

The firm at the centre of the Facebook privacy scandal, Cambridge Analytica, this morning announced it has for insolvency in the UK with its US operations to follow.

Up to 87 million Facebook users had their data compromised by the company’s data scraping activities including up to 311,000 Australian users’.

Claiming customers had been driven away “unfairly negative media coverage”, the company still maintained its activities were legal and cited a report by British commercial lawyer Julian Malins clearing the organisation of wrongdoing.

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Paul Wallbank

Paul Wallbank was news editor at Mumbrella between June 2017 and June 2019. Previously he's covered business and technology issues for outlets ranging from The Australian and Sydney Morning Herald to the ABC and Business Spectator.

Topics

Cambridge Analytica

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Cambridge Analytica protests its innocence as the company files for bankruptcy

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