Meta Platforms Inc. was slapped with another major fine by the Irish Data Protection Commission, the second major fine for Meta in less than three months!
According to Bloomberg (Meta Fined $277 Million for Leak of Half a Billion Users, written by Stephanie Bodoni), the Irish DPC, the main privacy watchdog for Meta in the European Union, levied the fine following a probe that found the social-media company had failed to apply strict safeguards required under the General Data Protection Regulation (GDPR).
On top of the fine – the third-biggest under GDPR and the second major fine for Meta since September – the watchdog ordered Meta’s Irish unit to make sure its processing complies with the law, according to an emailed statement on Monday.
The Irish authority is the lead watchdog for some of Silicon Valley’s biggest tech firms that have set up an EU base in the country, including Meta. It opened its probe following revelations that “a collated dataset of Facebook personal data” had been published on the internet. Personal information on 533 million Facebook users worldwide reemerged on a hacker website last year, including their phone numbers and email addresses.
The investigation looked into “Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer tools in relation to processing carried out by Meta” between May 2018 and September 2019, the data protection commission said.
The social network has previously said the data is old and that the problem had been found and fixed in 2019.
This is the second major fine for Meta in less than three months. The Irish DPC also slapped Instagram with a fine of €405 million after an investigation found the social media platform mishandled teenagers’ personal information in violation of strict European Union data privacy rules.
So, Meta platforms now account for two of the three highest GDPR fines, with only Amazon’s €746 million fine back in July of 2021 (covered by us here) larger than these two recent fines. The data privacy stakes continue to rise!
So, what do you think? Do you expect to see even larger fines in the future? Please share any comments you might have or if you’d like to know more about a particular topic.
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