Ireland slaps Meta with $263 million fine for data breach that hacked 29M Facebook accounts
FirstpostIn 2018, Meta reported a security breach that compromised over 29 million Facebook accounts all over the world. Of the 29 million accounts, three million belonged to users based in Europe Ireland’s Data Protection Commission on Tuesday fined Meta $263 million over data protection failure that led to the hacking of over 29 million Facebook accounts globally. Meta fined in Sept too In September, the DPC fined Meta 91 million euros for failing to put measures in place to protect users’ password data and for taking too long to alert the regulator of the issue. Doyle told AFP that the breach, which took place in January 2019, affected 36 million Facebook and Instagram users across the European Economic Area, which comprises the EU plus Iceland, Liechtenstein and Norway.