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Acting Cambridge Analytica CEO apologizes, announces third-party audit

DANIEL LEAL-OLIVAS/AFP/Getty Images

Cambridge Analytica, the data analytics firm that worked with the Trump campaign and is accused of using Facebook data of 50 million users against the company's policies, has issued an apology and says it will undergo a third-party audit.

Why it matters: The company says it believed that the data they obtained was in line with Facebook’s terms of service and data protection laws. Upon realizing it wasn't, CA reportedly thought they deleted all of the data. They are now doubling down to make sure they aren't sitting on any data that could get them in more trouble.