Data cases may hit £40bn
Data company Cambridge Analytica could face damages claims of £40bn from Facebook users whose personal information was allegedly misused by the firm, the High Court has heard.
Professor David Carroll is suing the company for up to £20,000 in damages, under the Data Protection Act, over what his solicitor described as “Cambridge Analytica’s misuse of his data”.
Ravi Naik, of ITN Solicitors, who represents“numerous others” bringing similar claims against the company, said, in a witness statement prepared for a hearing in London, that Prof Carroll “has a claim of between £5,000 and £20,000 in respect of Cambridge Analytica’s misuse of his data”.
His statement referred to Facebook’ s own estimate that up to 87m users’ data had been harvested by Cambridge Analytica.
Mr Naik added: “Even if one conservatively uses the lowest end of the range, both in number and value of each claim, and calculates on the basis of 10% of the estimated 87m affected Facebook users only, with claims of £5,000 each against Cambridge Analytica, that still implies a total potential claim value of £43.5bn.”
The huge potential liability emerged in insolvency proceedings involving six companies that traded under the Cambridge Analytica name.