Irish authorities fine Meta $274M over privacy lapses

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Irish authorities fine Meta $274M over privacy lapses
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Irish authorities have slapped Meta Platforms with a hefty fine – over a 2021 breach that inadvertently exposed the data of roughly 533 million people using the company’s products.

Ireland’s Data Protection Commission , has slapped Facebook and Instagram parent company Meta Platforms META, -2.36% with a hefty fine over yet another failure to comply with Europe’s stringent data protection laws.

By not securing that data properly enough, Meta had fallen short of Europe’s General Data Protection Regulation , which had gone into effect roughly one year before Meta had made its own fixes internally. In particular, according to the DPC, the company infringed on the rules mandating companies build their products with “data protection by design,” by default.

“Protecting the privacy and security of people’s data is fundamental to how our business works. That’s why we have cooperated fully with the Irish Data Protection Commission on this important issue,” the spokesperson added.

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