1 year, 10 months ago

Meta fined $1.3 billion by EU for sending user data to US: Report

The Facebook owner Meta Platforms Inc was hit with a record fine amounting to $1.3 billion by European Union privacy regulators for sending user data to the United States. The Irish Data Protection Commission on Monday announced their judgement on Monday citing the fact that Meta Platforms' continued data transfers to the US didn’t address “the risks to the fundamental rights and freedoms” of people whose data was being transferred across the Atlantic. On top of the fine, which eclipses a €746 million EU privacy penalty previously doled out to Amazon.com Inc., Meta was given five months to “suspend any future transfer of personal data to the US” and six months to stop “the unlawful processing, including storage, in the US” of transferred personal EU data. The Meta fine coincides with the fifth anniversary of the EU’s General Data Protection Regulation, widely seen as the world’s benchmark for privacy.

Live Mint
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