Meta hit with record $1.3 billion fine by EU over handling of users’ personal data

London – Meta was fined the equal of a document $1.3 billion by the European Union on Monday for its switch of customers’ private knowledge from Europe to the US.

Andrea Jelinek, chair of the European Information Safety Board (EDPB), mentioned Meta’s infringement was “very severe because it considerations transfers which can be systematic, repetitive and steady.”

“Fb has tens of millions of customers in Europe, so the amount of private knowledge transferred is very large,” Jelinek mentioned in an announcement. “The unprecedented advantageous is a powerful sign to organizations that severe infringements have far-reaching penalties.”

Meta was additionally ordered to carry its knowledge transfers into compliance with European privateness legislation. 

The tech large mentioned it could enchantment the ruling and argued there was a problematic conflict between U.S. and European privateness rules.

“With out the power to switch knowledge throughout borders, the web dangers being carved up into nationwide and regional silos, limiting the worldwide economic system and leaving residents in numerous international locations unable to entry most of the shared companies we have now come to depend on,” Meta mentioned in an announcement.

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