Home News A very big fine for Meta and EU Facebook and Instagram Pins

A very big fine for Meta and EU Facebook and Instagram Pins

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US social media giant Meta, the parent company of Facebook, has been fined €265 million by the Irish regulator (DPC) on behalf of the European Union, for not having adequate data protection for its users, DPC notes on Monday, November 28.

The Data Protection Commission (DPC) announces […] Investigation into Meta Platforms Ireland Limited (MPIL) concluded”a subsidiary of Meta and The authority that controls data on the social network Facebook imposes a fine of 265 million euros and a series of corrective measures.According to a press release issued on Monday.

sequel after announcement

The DPC announced in April 2021 the opening of an investigation targeting Facebook on behalf of the European Union, after revelations that hackers breached the data of more than 530 million users dating back to 2019. The survey focused on apps Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer […] Between May 25, 2018 and September 2019 »and wanted to know whether Meta adequately protected its users’ data in relation to European regulations.

Facebook’s European headquarters are in Ireland, and it is therefore the responsibility of the Irish regulator to lead the investigation in the EU. The decision to fine Meta and its affiliates was made on Friday, November 25th following the findings “Violations of European Regulations (GDPR)”, DPC details. So I issued a file “Request a series of corrective actions from MPIL” and an administrative fine.

higher fines

The hack used a method known as “scraping,” or ransacking Facebook profiles via software that mimics the network’s functions that help members find friends easily, scraping contact lists.

“Protecting people’s personal data is critical to how our business operates”a Meta spokesperson responded. “That is why we have cooperated fully with the Data Protection Committee on this important matter. We have made changes to our systems.”he added.

sequel after announcement

The European Data Protection Regulation (GDPR), launched in 2018, gives more power to regulators to protect consumers from the dominance of Facebook, Google, Apple and Twitter, which have chosen Ireland as their home base, attracted by soft taxation.

The regulation states that regulators can impose a fine of up to 4% of the global turnover of these groups. In the case of Facebook, the partially hacked data was posted on a hacker forum in early April, an action that resulted in“malicious actors”Facebook explained.

The European Union and some member states have in recent years doubled down on disputes with US digital giants over personal data protection and also over taxation or abuse of a dominant position, among other things. In September, Instagram, which is owned by Meta like Facebook, was hit with a €405m fine in the European Union, again through the Irish regulator.

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