Meta hit with a record-breaking $1.3 billion fine over data privacy breaches
In a record for European Union privacy violations, Meta has been fined $1.3 billion over its handling of users' data, Ireland's Data Protection CommissionMeta was previously warned by the EU for transferring Facebook users data to US servers, saying that it was not sufficiently protected from American spy agencies.
It has now been ordered to stop transferring that data, and has a five-month grace period to comply. MetaThe ruling applies only to Facebook, and not Meta's other platforms like Instagram and WhatsApp., in relation to personalized advertising. Companies have been in limbo over data protection rules since 2020, when the EU banned a pact which regulated data transfers across the Atlantic.
That was over fears that data wasn't safe from security services once stored in the US, dating back to 2013 when
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