Industry leader Michael Corey, LicenseFortress Co-Founder, weighed in on on the news unfolding about an app that was able to gather 50 million Facebook users’ data that was later resold to a political data firm in order to try to influence American voter sentiment. “Why is anyone surprised by these revelations? Corporate America has had a habit of violating laws, getting caught, and paying the fines out of petty cash so who wouldn’t want to make hundreds of millions of dollars to pay a fine of a few million? Clearly, the FTC does not have a habit of making sure that the fine fits the crime.”
