Meta slapped with €1.2 billion fine by EU over GDPR breaches
The umbrella company Meta which owns Facebook was fined €1.2 billion by the Irish Data Protection Authority (IE DPA). According to the European Data Protection Board (EDPB), it is the largest fine ever over GDPR breaches.
The fine was imposed because Meta was transferring the personal data of European users to the United States over standard contractual clauses since July 2020, which EDPB deemed unlawful. The company needs to discontinue the procedure within a six-month timeframe.
According to the Data Protection Commission, Meta Ireland breached Article 46 (1) of the GDPR. The article itself allows organizations to transfer data to a third country or international organizations provided there are appropriate safeguards and effective legal remedies for data subjects. The DPC concluded measures by Meta were inadequate in addressing the risks to data subjects’ rights and freedoms.
The inquiry was initiated back in August 2020 but received a green light from the Irish courts in May 2021. The DPC had time to prepare a draft of the decision, which was supported by most of the other EU/EEA members.
Andrea Jelinek, EDPB President, said the violation is “very grave since it involves transfers that are regular, frequent, and ongoing”. She also added that the unprecedented fine should warn other companies that “serious breaches have far-reaching consequences”.
- 14 Jun 2023
WelL AcTuAlLy ☝🏻🤡 Bru dont care gov only care about money. If u want better security and MONEY is the only way to get better security then why ask for MILLIONS and BILLIONS and then expect the security to be better when the budget is now lower. ...
- 31 May 2023
To ban a company involves way more actions then you think, they can't just ban meta without the whole Ruling party and law system to agree to it. And there are the human rights and freedom of speach and so on, that come into play. What they can ...
- 30 May 2023
When the the fine doesn't hurt their overall business strategy, it isn't a fine, it is a 'Business Fee'.