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by yashchandra
5104 days ago
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"they should follow the same legal requirements" Perhaps. But they certainly do not have the restrictions of financial audit requirements and things like Dodd Frank etc. which is overwhelming all the major banks right now and is a big way to earn money for consultants if they know ABC of audit/compliance in 2012. Anyway, the point is that fb even though not ideal in how they store/use user data (which I personally am not a fan of as well), it does not matter as much as it matters to a bank/financial institution. I say this while I work for clients that are major banks. |
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