Meta have been fined a record €1.2 billion by Data Protection Commission. It is in breach of GDPR for transferring European user's data to the US.
The owner of Facebook has been given a record fine following violations of privacy rules in the EU.The €1.2 billion fine was decided according to determinations by the European Data Protection Board after the DPC struggled to agree with Concerned Supervisory Authorities on an appropriate sanction.This is the biggest fine a tech company has faced. Previously, the largest fine was a €746 million penalty against Amazon.
Meta, whose global operations outside the US is based in Dublin, has been instructed to suspend any future data transfers to the US within five months. It was also told to comply with GDPR against “unlawful processing, including storage” of data within six months. This decision only applies to Facebook and no other Meta-owned companies such as Instagram and WhatsApp.
Following the EDPB’s binding dispute resolution decision, Meta Platforms Ireland Limited was issued a 1.2 billion euro fine as a result of an inquiry into its Facebook service by the Irish DPA - the largest GDPR fine to date! Read all about it here:
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