Facebook Fined EUR 265 Million by Irish Data Privacy Regulator

By H.JanGra www.lifeactive.in

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Facebook Fined EUR 265 Million by Irish Data Privacy Regulator

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Ireland's data privacy regulator imposed an EUR 265 million (roughly Rs. 2,250 crore) fine on social media giant Facebook

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The penalty resulted from an investigation, started last year, into the discovery of a collated set of personal data that had been scraped from Facebook and made available online

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Facebook was also ordered to make a range of corrective measures.

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In September the watchdog hit its Instagram subsidiary with a record fine of EUR 405 million (roughly Rs. 3,435 crore), which Meta plans to appeal

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The DPC regulates Apple, Google, Twitter, Tiktok and other technology giants due to the location of their EU headquarters in Ireland

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It currently has 40 inquiries open into such firms, including the 13 involving Meta.

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The regulator has the power to impose fines of up to 4 percent of a company's global revenue under the EU's General Data Protection Regulation's (GDPR)

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The DPC said mitigating factors in Monday's decision - which had been approved by all other relevant EU regulators - included the actions Facebook had taken.

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