Irish regulator slaps $1.3-bn fine on Meta
The Irish Data Protection Commission on Monday fined Meta (formerly Facebook) a record $1.3 billion fine over violating data transfer rules in the European Union (EU).
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London: The Irish Data Protection Commission on Monday fined Meta (formerly Facebook) a record $1.3 billion fine over violating data transfer rules in the European Union (EU).
The Irish watchdog said that Meta violated the General Data Protection Regulation (GDPR) which came into force on May 25, 2018.
The Wall Street Journal was first to report about the landmark penalty on Meta. The ruling applies only to Facebook and not Instagram and WhatsApp. Meta said it would appeal against the Irish watchdog's decision. “Without the ability to transfer data across borders, the internet risks being carved up into national and regional silos, restricting the global economy and leaving citizens in different countries unable to access many of the shared services we have come to rely on,” Nick Clegg, Meta's President of Global Affairs said in a statement.
