Meta charged with a heavy fine
The Facebook platform has breached a series of data in 2018. Therefore 17 million euros which are approximately $19 million was charged as a fine on Meta platforms incorporation for the violation of rules and regulations.
The European Union’s top privacy watchdog, i.e. the Irish Data Protection Commission for Meta, said that it has found Facebook failing to put technical and organizational measures in an appropriate place.
The EU’s General Data Protection Regulation has announced an investigation on Facebook, in 2018. It has become the first major test case for the Irish watchdog and drew its attention to a breach affecting 50 million accounts. Tuesday’s investigation, launched in December of that year, examined 12 notices of Facebook violations, including those caused by software bugs that allowed outside developers to access photos of Facebook’s millions of users.
The European Union‘s data protection law empowers the bloc’s privacy regulators to impose penalties of up to 4% of a company’s annual revenue for the first time. But tensions have increased over the long period, Irish authorities are working for the completion of investigations into companies such as Meta and Apple Incorporation, Meta said in an emailed statement.
“This fine is related to 2018 record-keeping practices that we have updated since then, and this is not a deterioration in the protection of individuals’ information,” Meta said in a statement sent by email.
The two largest fines issued by GDPR to date include a 225 million euro fine against WhatsApp by Irish authorities last year and a record 746 million euro fine against an Amazon company by its main watchdog, Privacy in Luxembourg.