
Title: Meta Fined $263 Million Over 2018 Security Breach Affecting Approximately 3 Million EU Users
In a significant move, the Irish Data Protection Commission (DPC) has imposed a massive fine of €250 million ($263 million USD) on Meta Platforms Inc. over a security breach that occurred in 2018. The incident exposed sensitive personal data of approximately 3 million European Union users.
According to reports, the breach occurred when a vulnerability in the company’s systems allowed unauthorized access to user data, including passwords and other private information. This significant violation of EU’s General Data Protection Regulation (GDPR) has led to a grave risk of misuse of these types of sensitive personal data.
The DPC’s decision is notable for several reasons. Firstly, it marks a substantial shift in the regulator’s stance on enforcing GDPR violations by Meta Platforms Inc., as critics have long accused the agency under former commissioner Helen Dixon of being too lenient in its dealings with Big Tech.
Source: techcrunch.com