Data protection: EU imposes heavy fine on Meta, Facebook’s parent company. Facebook’s parent company has been fined a hefty 265 million euros by the Irish regulator (DPC) on behalf of the EU for failing to sufficiently protect its users’ data, says the CPD on Monday.
The American social media giant Meta, the parent company of Facebook, was fined by the Irish regulator on Monday, November 28. “The Data Protection Commission (DPC) announces (…) the conclusion of an investigation into Meta Platforms Ireland Limited ”, a subsidiary of Meta and “body which controls the data of the social network Facebook, imposing a fine of 265 million euros on it. euros and a series of corrective measures”, specifies a press release.
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Facebook has its European headquarters in Ireland and it is therefore up to the Irish regulator to carry out the investigation on behalf of the European Union. These investigations were launched in 2021, after the revelation of hacking of the data of more than 530 million users. The survey focused on the applications “Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer (…), between May 25, 2018, and September 2019”. In particular, it sought to determine whether Meta had sufficiently protected its users’ data with regard to European regulations.
The decision to impose a fine on Meta and its subsidiaries concerned was taken on Friday following findings of “breaches of European regulations (GDPR)”, details the DPC. “Protecting people’s personal data is critical to how our business operates,” a Meta spokesperson said. We have therefore cooperated fully with the Data Protection Commission on this important matter. We have made changes to our systems. “