Irish regulator fines Meta $275 million for violations of Europe's data privacy law

Irish regulator fines Meta $275 million for violations of Europe's data privacy law

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Key Facts

  • This inflatable shield could help Dubai workers are using a wearable sensor to beat the heat 02:20 Now playing - Source: CNN Robot artist Ai-Da reset while speaking to UK politicians 01:19 Now playing - Source: CNN Video: Shallow foam pit injures at least three at Twitchcon gaming convention 01:16 Now playing - Source: CNN Washington CNN Business — Meta has been fined roughly $275 million by Ireland’s data privacy regulator for failing to prevent hackers from siphoning off personal information from more than 500 million Facebook users in a 2019 data leak.
  • Since the fall of 2021, Ireland’s DPC has slapped Meta with 912 million euros in fines, going after the social media titan and its other subsidiaries, Instagram and WhatsApp, for alleged violations of Europe’s signature data privacy law, known as the General Data Protection Regulation (GDPR).
  • “Protecting the privacy and security of people’s data is fundamental to how our business works,” Meta said in Monday’s statement.
  • The largest GDPR fine to date was imposed last year on Amazon (AMZN) for 746 million euros by privacy regulators in Luxembourg who said the way the e-commerce company processes personal data does not comply with the law.

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