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Meta hit with record €1.2 billion fine for transferring European Facebook user data to the US
Monday May 22, 2023. 03:04 PM , from BetaNews
Facebook owner Meta has been fined a record €1.2 billion (around $1.3 billion) by Ireland's Data Protection Commission (DPC). The fine was issued for breaching EU data sharing regulations by failing to sufficiently protect user data. In addition to the record fine, Meta has been ordered to cease the transfer of user data from the EU to the US for processing within six months. Responding to the demand to stop the 'unlawful processing, including storage, in the US' of European user data, Meta points out that it 'uses the same legal mechanisms as other organizations' and indicated that it intends… [Continue Reading]
https://betanews.com/2023/05/22/meta-hit-with-record-e1-2-billion-fine-for-transferring-european-fac...
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