Meta gets hit with a $1.3 billion fine by the EU for sending personal data to the US

silversurfer

Level 85
Thread author
Verified
Honorary Member
Top Poster
Content Creator
Malware Hunter
Well-known
Aug 17, 2014
10,156
Meta, the parent company of Facebook, was hit by a huge €1.2 billion ($1.3 billion) fine by the European Union today. The EU's European Data Protection Board stated the fine was due to Meta transferring the personal data of European citizens to Facebook servers based in the US.

In its press release, the data regulation board stated:
"The EDPB found that Meta IE’s infringement is very serious since it concerns transfers that are systematic, repetitive and continuous. Facebook has millions of users in Europe, so the volume of personal data transferred is massive. The unprecedented fine is a strong signal to organisations that serious infringements have far-reaching consequences."
 

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top