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UniCredit cuts ties with Facebook over data breach scandal

Italy’s biggest bank terminates advertising after Cambridge Analytica revelations

The boss of Italy’s biggest bank has ordered his staff to cut all the bank’s ties with Facebook in direct response to the social network’s behaviour revealed in the Cambridge Analytica data breach scandal.

“Facebook is not acting in an ethical way,” Jean Pierre Mustier, chief executive of UniCredit, said on Tuesday. “We will not use it until it has proper ethical behaviour.”

Related: Brussels in EU-wide drive to combat voter manipulation online

Related: Facebook data gathered by Cambridge Analytica accessed from Russia, says MP

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Source: The Guardian