Facebook received a fine of about 270 million dollars
2022.11.28 10:34
Facebook received a fine of about 270 million dollars
Budrigannews.com – Facebook (NASDAQ:) was fined 265 million euros ($277 million) by the data privacy regulator in Ireland.on Monday, bringing the total amount it has fined Meta, the parent company, to nearly one billion euros.
The punishment came about because of an examination, began last year, into the revelation of a gathered arrangement of individual information that had been scratched from Facebook between May 2018 and September 2019, and made accessible on the web.
Additionally, Facebook was required to take a number of corrective actions.
Meta stated that it had completely cooperated with the DPC (Data Privacy Commissioner) of Ireland’s investigation and had made changes to its systems during the time in question, including removing the capability to scrape its features using phone numbers.
The DPC has assessed a fourth fine against one of Meta’s businesses on Monday. It is the European Union’s lead privacy regulator for Meta, and it has 13 more open inquiries into the social media company.
Meta intends to file an appeal against the record fine of 405 million euros imposed by the watchdog on its Instagram subsidiary in September.Monday’s statement from Meta also said that it was looking into the decision regarding the most recent fine.
Apple (NASDAQ:), regulated by the DPC,NASDAQ: Google,Twitter, Tiktok and other innovation goliaths because of the area of their EU base camp in Ireland.It currently has 40 open inquiries regarding such businesses, 13 of which concern Meta.
Under the 2018 “One Stop Shop” regime of the EU’s General Data Protection Regulation (GDPR), the regulator can fine a company up to 4% of its global revenue.
The DPC stated that Facebook’s actions were one of the mitigating factors in Monday’s decision, which had been approved by all other relevant EU regulators.
On Monday, Ireland’s Data Privacy Commissioner (DPC), Helen Dixon, told Irish national broadcaster RTE, “We’ll keep going until the behavior does change.”
