Saturday, October 28, 2023

Meta Fined $1.3B for Transferring EU User Data to US


Meta, the owner of Facebook and Instagram, has been fined a record 1.2 billion euros ($1.3bn) by Ireland’s regulator for transferring EU user data to the United States. The Irish Data Protection Commission (DPC) acted on behalf of the European Union and said that the European Data Protection Board (EDPB) ordered it to collect an administrative fine. Meta responded by saying it was disappointed to have been singled out and that the ruling was flawed, unjustified, and set a dangerous precedent for countless other companies. The company intends to appeal both the decision’s substance and its orders, including the fine, and will seek a stay through the courts to pause the implementation deadlines. This is the largest fine imposed under the General Data Protection Regulation.

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