Meta facing record fine for mishandling EU user data
Facebook is set to face potentially record-breaking fine for their noncompliance with the General Data Protection Regulation (GDPR), as the Irish Data Protection Commissioner (DPC) determined to impose an unprecedented fine. According to reports, this will be even higher than the remarkable €746 million penalty imposed on Amazon in 2021 for similar violations of the GDPR. In addition, Facebook’s data transfers from the EU to US are likely to be blocked.
This heavy appraisal is not the first for Mark Zuckerberg’s social network. Back in 2022, two fines were issued: €17 million and €265 million respectively. Furthermore, a more recent sanction saw them pocketing a combined €390 million for not receiving permission to handle personal data within Facebook and Instagram and a further €5.5 million for these same breaches on WhatsApp.
Graham Doyle, Deputy Commissioner for the DPC, has confirmed this potential penalty and mentioned that it would be formally published after being reviewed by Facebook for possible alterations.
Source: Meta facing third fine of 2023 for mishandling EU user data • The Register