"Meta Hit With $1.3B Record-Breaking Fine for GDPR Violations"

Meta, the owner of Facebook and Instagram, was fined $1.3 billion by the Irish Data Protection Commission for violating the European Union's (EU) General Data Protection Regulation (GDPR). Meta violated the GDPR by transferring the personal data of EU users to US servers. This is the largest penalty imposed since the EU's strict data privacy policies went into effect in 2016. It exceeds Amazon's previously record-breaking $808 million fine in 2021 for data protection violations. As a result of the European Court of Justice's nullification of the Privacy Shield, the EU and the US continue to explore alternatives on a new data flow. Originally, Privacy Shield served as a data transfer mechanism under the GDPR, allowing participating companies to comply with EU requirements regarding transferring personal data to third countries. Although a replacement is expected later in the year, a number of multinational corporations, including Meta, continue to unlawfully rely on the previous agreement, specifically the use of standard contractual clauses. This article continues to discuss Meta being fined for GDPR violations. 

Dark Reading reports "Meta Hit With $1.3B Record-Breaking Fine for GDPR Violations