"The reason why it was so hard to get a settlement of this size wasn't because Facebook was worried that if they lost $550 million, it would hurt them. They can pay the 550. What they were worried about was setting some sort of precedent where now this is the price for privacy violations, and that's what we're fighting so hard for" In this episode, ISF Managing Director Steve Durbin speaks with Jay Edelson, a Chicago attorney with Edelson PC whose work has earned him the title of “Cybersecurity Trailblazer” from the National Law Journal. His firm recently settled a $550 million privacy suit against Facebook on behalf of the people of Illinois. Jay and Steve discuss that suit, the current privacy and cybersecurity legislation landscape, the influence of tech companies, facial recognition and privacy concerns with new and emerging technologies.