Meta Receives 265 Million Euro Fine from Irish Regulator for Data Breach

13
Meta
Meta-Receives-265-Million-Euro-Fine-from-Irish-Regulator-for-Data-Breach

Ireland’s data regulator slapped Facebook owner Meta with a 265-million-euro (USD 275-million) fine after information about more than 500 million users was leaked on a hacking website.

The decision was made, according to the Data Protection Commission (DPC), after a “thorough investigation process, including cooperation with all of the other data protection supervisory authorities within the EU.” Along with several other significant international tech firms like Google, Apple, and Twitter, Meta’s European operations are headquartered in Dublin. Ireland’s data protection agency is the principal regulator in charge of holding them accountable as a result.

The watchdog discovered two articles of the EU’s data protection laws had been broken by the social media behemoth headed by Mark Zuckerberg.

Read More: Irish Regulator Fines Meta 265 Million Euros Over Data Breach

For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.