By Staff Reporters
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LONDON (AP) — The European Union just slapped Meta with a record $1.3 billion privacy fine today and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
The penalty fine of 1.2 billion euros from Ireland’s Data Protection Commission is the biggest since the EU’s strict data privacy regime took effect five years ago, surpassing Amazon’s 746 million euro penalty in 2021 for data protection violations.
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Filed under: Breaking News, Ethics, Information Technology, Investing | Tagged: cyber-security, data protection, Data Protection Commission, EU, EU's, European Union, Facebook, FB, Meta, Meta Busted, Meta Fined |
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