Meta fined record $1.3 billion for violating data transfer rules

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Meta fined record $1.3 billion for violating data transfer rules


Image Source : AP Representational picture

The Irish Data Protection Commission on Monday fined Meta (previously Facebook) a record $1.3 billion high quality over violating data transfer rules within the European Union (EU).

The Irish watchdog mentioned that Meta violated the General Data Protection Regulation (GDPR) which got here into power on May 25, 2018.

The Wall Street Journal was first to report in regards to the landmark penalty on Meta.

The ruling applies solely to Facebook and never Instagram and WhatsApp.

Meta mentioned it will attraction towards the Irish watchdog’s resolution.

“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 mentioned in an announcement.

The Irish privateness watchdog mentioned that Meta’s use of a authorized instrument often called normal contractual clauses (SCCs) to maneuver data to the US “did not address the risks to the fundamental rights and freedoms” of European customers, studies Politico.

Regulators mentioned that Meta didn’t adjust to a 2020 resolution by the EU’s highest courtroom that data shipped throughout the Atlantic was not sufficiently protected against the US spy businesses.

The European Court of Justice in 2020 struck down an EU-US data flows settlement often called the Privacy Shield. The EU and US are actually engaged on a brand new data movement deal that would come later this 12 months.

Amazon was beforehand fined 746 euros million by Luxembourg and the Irish regulator additionally imposed fines towards Meta’s platforms Facebook, Instagram and WhatsApp ranging between 405 million and 225 million euros prior to now two years.

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