Meta Fined $277 Million for Leak of Half a Billion Users

Meta Platforms was slapped with a $277 million fine for failing to prevent the leak of the personal data of more than half a billion users of its Facebook service. From a report: The Irish Data Protection Commission, the main privacy watchdog for Meta in the European Union, levied the fine following a probe that found the social-media company had failed to apply strict safeguards required under the bloc's sweeping General Data Protection Regulation.

On top of the fine -- the third-biggest under GDPR -- the watchdog ordered Meta's Irish unit to make sure its processing complies with the law, according to an emailed statement on Monday. The Irish authority is the lead watchdog for some of Silicon Valley's biggest tech firms that have set up an EU base in the country, including Meta. It opened its probe following revelations that 'a collated dataset of Facebook personal data' had been published on the internet. Personal information on 533 million Facebook users worldwide reemerged on a hacker website last year, including their phone numbers and email addresses.

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