Trump's new national security adviser John Bolton ordered several years ago a research from Cambridge Analytica, which was based on illegally acquired Facebook users' data, local media reported.
The Guardian goes on to say that AIQ is facing increasing scrutiny from investigators on both sides of the Atlantic over its role in harvesting Facebook data.
But he also claimed the company believed it was acting within Facebook's policies and United Kingdom data protection law when it licensed the data from professor Aleksandr Kogan whose survey app was the Trojan horse used to gather 270,000 Facebook users' data and their friends' data - resulting in some 50M profiles being harvested in all.
It has now been a week since it became known that the British data analytics contractor, which worked with Donald Trump's presidential campaign, retained private data from 50 million Facebook users despite claiming to have deleted it.More news: Crude Prices Jump Amid Saudi-Iran Tensions
The regulator said it will "consider the evidence before deciding the next steps and coming to any conclusions". "It had nothing to do with us", Banks was quoted as saying.
The scandal over the way Cambridge Analytica obtained personal information to try to manipulate US voters "is the most important moment that Facebook has faced since it went public (in 2012)", according to Professor Andrew Przybylski of Oxford University, one of the world's leading authorities on social media psychology. "We have not undertaken any paid or unpaid work for them, OK?" Lawmakers in the US have also called on Zuckerberg to testify about how Facebook safeguards user data.
"The company (CA) believed that the data had been obtained in line with Facebook's terms of service and data protection laws", Tayler said.
He continued, noting that "we did not use any GSR data in the work we did in the 2016 U.S. presidential election".
However, Cambridge University announced Friday it was "undertaking a wide-ranging review" of the episode and had written to Facebook "to request all relevant evidence in their possession".