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Meta Fined $275 Million In Facebook Data Scrape

2 months ago
in Financial success, Money
Reading Time: 2 mins read
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After finding Facebook guilty of General Data Protection Regulation code violations, the Data Protection Commission issued a reprimand and ordered the company, specifically Meta Platforms Ireland Limited, to work on improving the compliance of its data protection and privacy measures. A November 28 press release from the DPC states that Meta needs to take “a range of specified remedial actions within a particular timeframe” in order to stay within the bounds of that compliance. 

The DPC added in the release that all other data security regulators within the European Union agreed with the verdict, the reprimand, and the fine. DPC deputy commissioner Graham Doyle said that Meta has three months to comply with the DPC’s order, per TechCrunch, which also cited Meta’s response statement where the tech giant says it will be “reviewing [the DPC’s] decision carefully.” This decision, though, was not the regulation agency’s first regarding Meta. WhatsApp and Instagram, both names under the Meta umbrella, have been recently fined a couple hundred million apiece for privacy and transparency infractions, says TechCrunch, and a number of Meta investigations by the European Union data privacy regulators are still ongoing.

— to news.google.com

Tags: correct successDataFacebookfacebook new nameFBFinancial managemefinedmetameta facebookmeta platformsMillionScrape
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