Facebook parent Meta hit with record $1.3-billion fine by EU over data privacy

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Facebook parent Meta hit with record $1.3-billion fine by EU over data privacy
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The European Union has slapped Meta with a record $1.3-billion privacy fine and ordered it to stop transferring user data across the Atlantic.

European Union regulators have hit Facebook parent Meta with hundreds of millions in fines and banned the company from forcing users to agree to personalized ads.Europe’s strict view on data privacy

Brussels and Washington signed an agreement last year on a reworked Privacy Shield that Meta could use, but the pact is awaiting a decision from European officials on whether itEU institutions have been reviewing the agreement, and the bloc’s lawmakers this month called for improvements, saying the safeguards aren’t strong enough.Facebook says it has identified and stopped a sprawling network of fake accounts that spread Russian propaganda about the invasion of Ukraine.

The Irish watchdog said it gave Meta five months to stop sending European user data to the U.S. and six months to bring its data operations into compliance “by ceasing the unlawful processing, including storage, in the U.S.” of European users’ personal data transferred in violation of the bloc’s privacy rules.

Schrems predicted that Meta has “no real chance” of getting the decision materially overturned. And a new privacy pact might not mean the end of Meta’s troubles, because there’s a good chance it could be tossed out by the EU’s top court, he said.

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Facebook parent Meta hit with record fine for transferring European user data to USFacebook parent Meta hit with record fine for transferring European user data to USThe European Union has slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic. The record Monday is the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. Meta, which had previously warned that services for its users in Europe could be cut off, vowed to appeal and ask courts to immediately put the decision on hold. The legal battle began in 2013 when Austrian lawyer and privacy activist Max Schrems filed a complaint about Facebook’s handling of his data following former National Security Agency contractor Edward Snowden’s revelations about U.S. cybersnooping.
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Meta fined record $1.3B, ordered to stop sending European user data to USMeta fined record $1.3B, ordered to stop sending European user data to USThe penalty released Monday is the latest salvo in a decadelong case sparked by U.S. cybersnooping fears.
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Meta hit with $1.3 billion fine over Facebook's EU-US data transfers | EngadgetMeta hit with $1.3 billion fine over Facebook's EU-US data transfers | EngadgetThe EU says Meta's policy of cross border data flows risks EU citizens' privacy..
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